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Why GDS Holdings Stock Fell on Friday

TheMotleyFool

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Shares of Shanghai-based data center specialist GDS Holdings (NASDAQ: GDS) tumbled on Friday, declining as much as 13.4%. As of 2:50 p.m. EDT, however, the stock was down 9%.

The tech stock's decline on Friday extends a bearish trend for the stock as pressure on Chinese stocks persists.

Image source: Getty Images.

Source Fool.com

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