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%!

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Source Fool.com