Why Shares of YY Inc. Slipped Today
....YY expects to produce year-over-year revenue growth between 32.3% and 39% in the first quarter of 2018, which meets analyst expectations.
Now what Despite better-than-expected results and solid guidance, shares of YY tumbled on Tuesday. The stock has gained more than 170% from its 52-week low , so this could be a case of the expectations built into the stock price getting ahead of what the company could deliver..... |