bearish

iQIYI Inc

Iqiyi: Another Tough Quarter

Equity Bottom-Up
204 Views, 18 Nov 2020 20:12
EXECUTIVE SUMMARY

iQIYI Inc (IQ US) shares dropped 15% yesterday post the release of its 3Q20 results which showed sales growth turning negative in the quarter despite an easy comp. On top of this, Iqiyi's balance sheet remains stretched amidst a tough competitive environment. Our thoughts are below

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Rickin Thakrar
IPO and L/S equity, 2015 Starmine top stock picker
Global Equity Research Ltd
Consumer DiscretionaryEquity Capital MarketsEquity Bottom-Up

14 years of experience in global investment research and trading. In relation to research, we focus on IPO, Event-driven... 

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