Chinese stocks have had a rough year. And iQiyi (NASDAQ: IQ) is no exception. iQiyi was spun off from Chinese search giant Baidu (NASDAQ: BIDU) earlier this year and debuted at $18 per share on March 30. Shares climbed 61% above the IPO price by June, but since then, have fallen precipitously and the price […]
October was a rough month for the stock market, proven by the decline of the NASDAQ and Dow Jones Industrial Average into clear correction territory, while the S&P 500 halted its own slide just shy of that mark. It was enough to put a lot of investors and analysts on edge and start to wonder […]