Why did the stock price plummet? Why did thousands of stocks plummet

Shares plunged 8%.It is not enough to simply resume growth

According to October 28**, the third quarter earnings report was announced after market hours on Thursday, and the financial report showed that the revenue of China's leading search engine company was close to the upper end of the previous outlook, whileEarnings growth is even faster than revenue growth。However,Its share price plunged 8% on Friday** due to a disappointing outlook for the current quarter。Last week, the stock price hit an all-time high.

In the third quarter, revenue was 100 million US dollars, an increase of 29% over the same period last year. Previously, third-quarter revenue was expected to grow by 27% to 30%.

Shares. net profit was US$ per share, up 156% year-on-year; Adjusted earnings per share were in US dollars, up 163% year-over-year. The reason why it was able to deliver such a strong profit growth was mainly due to the revenue brought by the takeaway platform of **

However, even excluding this gain, the operating profit increased by 69% year-on-year.

Looking back at the data, third-quarter revenue growth was the strongest since the fourth quarter of 2015, but this is not surprising. In May, regulators demanded a reduction in medical sponsorship ads in search results, which dampened revenue over the past five quarters. So, compared to last year, revenue** is not a surprise.

**Marketing revenue contributed 86% of total revenue. In the third quarter, ** marketing revenue increased by 22%. While the number of advertisers decreased by 7%, this was offset by a significant increase in average advertiser revenue.

Excluding content costs, operating costs have been contained, driving explosive growth in earnings.

At first glance, the performance expectations given seem to be unsatisfactory. Fourth-quarter revenue is expected to be $100 million to $100 million, up just 22% to 29% year-over-year. However, taking into account the takeaways that were split in the third quarter and the mobile games division that was cut earlier this year, the fourth quarter will see organic growth of 28% to 34%.

As of Thursday, the share price is up 59% this year, so it's fair to say that expectations for the third quarter are very high.

With $100 million in cash and short-term investments on its balance sheet, the company is also struggling to move away from unprofitable businesses outside of core search and artificial intelligence. Whether this cash will be used for acquisitions, or if it just continues to accumulate as it has done over the past few years, there will be no shortage of money and plenty of options.

But for investorsThe immediate priority is to find ways to achieve greater growth, because it is not enough to simply restore growth.

Why did the stock price plummet? When a trader buys in their own currency, a forex trader buys and sells the currency himself. This means that each time they trade they will use one currency to buy another.

These currencies all have relative value and can be traded with each other. For example, read the election ballot, put the Liberal Party.

The US dollar is in an upward phase+ (

On the 24th of the month, Qianzao suddenly suffered a cliff**, and it fell by more than 70% during the session. On the same day, this ** came very strangely, because neither in the industry news nor the company itself, there was no strong news that could affect its stock price changes. As a result, some market participants speculate that it may be the weak interim results data that will be released that has led to investors' fleeing sell-off.

On August 1, the company issued a "profit warning", pointing out that according to the preliminary assessment made by the board of directors of the group's unaudited comprehensive management accounts and other currently available information, the company will record a loss of about 20 million yuan in the six months ended June 30, 2018, and will turn from a profit to a loss compared with the same period last year, and the interim results of the same period last year are a profit of 10,000 yuan.

Qian explained the reasons for the performance in the announcement: first, it believes that the net loss is mainly caused by the rise in the group's financial costs - those who are familiar with the company know that in the past two years, Qian has been relying on diversified "external forces" to reverse the impact of the industry's cold winter and poor production and sales on its main business. Looking at the second half of 2017 alone, its acquisition of Eaton International Education and the proposed acquisition of House of Fraser and other transactions have indeed caused them large financial expenditures.

Secondly, the results** were also attributable to macro external factors such as the early redemption of certain convertible bonds and notes by the Group and the appreciation of the US dollar against the RMB for the six months ended 30 June 2018.

Like any other market, it is made up of buyers and sellers, some people want to buy, some people want to sell, so that it is possible to make a deal and become a market. Different from other markets, in this market, the same person often buys and sells, and everyone who holds cash and ** is only because of their different views on the development of the market outlook. In order to explain whether there are more people who are **** or more people who sell **, they are distinguished from these two kinds of people and accumulated like magpies.

She had stumbles.

Cut the O2O business.

Efforts to develop information flow business.

More than 100 points of service**, what do you think about this? It may be because the psyche does not need it, and the need to cause the influence of the elite and the effect must be left behind.

**Maybe it's because he's relatively good.,It should be for this reason.。

Du stock price**, how do you think about this? I think it's all relative. It may go down in a few days.