Better Streaming Stock: Netflix vs. iQiyi
iQiyi (NASDAQ: IQ) was dubbed the "Netflix (NASDAQ: NFLX) of China" when it went public in March 2018. But today, the Chinese streaming video giant's stock trades nearly 75% below its IPO price of $18 per share.
At the time, investors should have simply invested in Netflix, which has rallied more than 80% since iQiyi's public debut. But will Netflix continue to outperform iQiyi this year, or will iQiyi rebound with bigger gains?
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Source Fool.com