Momo Reports Earnings; Shares Sink 7.5%
Shares of Momo (NASDAQ: MOMO) -- "the Chinese Tinder" -- are showing the wrong kind of momentum this morning. After reporting fiscal Q3 earnings results earlier today, the stock is down 7.5% as of noon on Tuesday.
And that's the good news. Earlier today the stock was down by more than 10%!
Source Fool.com