Millennials are snapping up the ‘Netflix of China’ — and the stock has doubled in less than 3 months (IQ)
|06/14/2018||Posted by BusinessMediaguide.Com under General World News||
- Chinese Netflix-competitor iQiyi has more than doubled its stock price since going public in the US in March.
- The stock is wildly popular with millennial investors on the stock trading app Robinhood.
- Follow IQ’s stock price in real-time here.
Shares of iQiyi — the Baidu-owned video service widely seen as the Netflix of China — has more than doubled since its US initial public offering less than three months ago.
As its stock has skyrocketed from $18 at the IPO to $37 on Thursday, the streaming video service has become a darling for millennial investors on the stock read more >>>