5 Important Takeaways From iQiyi's Q2 Earnings Report
iQiyi (NASDAQ: IQ) investors have been on a thrill ride since the Chinese streaming giant went public early last year. After soaring more than 150% in just over two months after its debut, the stock then plunged to below its $18 IPO price, where it has remained ever since.
Investors have grown concerned about the company's mounting losses and slowing revenue growth as China's economy struggles, partially the result of the ongoing trade war with the United States.
Let's look at some of the highlights of iQiyi's second-quarter results to see how the company fared in the wake of all this pessimism.
Source Fool.com
