5 Common Misconceptions About Momo Inc.
Chinese app maker Momo (NASDAQ: MOMO) lost about a third of its market value over the past three months due to concerns about its growth, the rise or rival apps, and tighter regulations regarding social media platforms and streaming videos.
The stock remains up 65% for the year, and investors with big gains might be wondering if they should tough it out or take profits. But before we make a call on Momo's future, we should clear up five common misconceptions about the company.
Momo's mobile app. Image source: Google Play.
Source: Fool.com
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