Why Remark Holdings Is Plunging 25% Today

Shares of artificial intelligence and digital media specialist Remark Holdings (NASDAQ: MARK) are tumbling 25% in morning trading after a report of disastrous first-quarter earnings.

The company cited a litany of reasons for revenue plunging 67% from the year-ago period, including the Chinese New Year, the trade war between the U.S. and China, the COVID-19 pandemic, and working capital constraints.

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Source Fool.com