Friday, July 23, 2021

iQIYI, Inc. (IQ) stock Investors Uneasy Amidst U.S.-China Tension

iQIYI, Inc (IQ) saw a pre-market dip in stock price by 3.36% on April 14th, 2021, coming to a rest at USD$16.10. With a variety of internal and external factors at play, investors seem to be approaching this stock cautiously while being aware of a promising long-term potential uptrend.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Where Does IQ Stand?

Despite recent positive developments, including having secured exclusive rights to broadcast the third season of ‘Youth With You’, an instant hit variety show that is gaining further traction both domestically in China and overseas, IQ stock prices seem to be suffering.

Credit Suisse Unloads IQ


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


This issue has the potential to be massively exacerbated by the news that Credit Suisse unloaded significant blocks of IQ stocks on the market after the market close on April 13th, 2021. An astounding 35 million U.S. share of the online Chinese entertainment company were listed on the market by the bank. Credit Suisse offered the IQ stocks for USD$15.85-16.35.

Impact of Credit Suisse’s Move

With no negative press or changes in the business model or performance, this move by Credit Suisse still has the potential to create a snowball effect of panic. While there are a host of reasons behind such big sales of stock, there is a risk of investors attributing the sale to insider information in regards upcoming reasons for stock prices to crash. Fortunately, cooler heads seem to have prevailed, for the time being, seeing how IQ manages to mostly recover from particularly volatile dips.

U.S.-China Tensions

A major concern of U.S. investor with IQ stock is that of U.S.-Chinese tensions. The Holding Foreign Companies Accountable (HFCA) Act requires any foreign companies listed on U.S. stock exchanges to be compliant with U.S. auditing standards for the most recent 3 years. Should a foreign company fail to meet these standards, they run the risk of being delisted by the SEC, which is the driving fear behind the recent market performance of many foreign companies.

Outlook of IQ

Furthermore, news of increased oversight of China-based tech companies by the Chinese government has also contributed to a general uneasiness among U.S. investors in regards Chinese companies. Nevertheless, IQ is on the radar of many investors for when tensions between the two superpower economies ease up.

Latest news

Novanta Inc. (NOVT) Acquires Schneider Electric Motion USA (SEM) For $115M Cash

Novanta Inc. (NASDAQ: NOVT) has acquired Schneider Electric Motion USA (SEM), a company that could contribute to its industrial automation development. Novanta Inc. (NOVT) purchased...

What Helped MannKind Corporation (MNKD) Stock Jump 11.6 Percent?

During the trading session on 28 June,2021 MannKind Corporation (NASDAQ: MNKD) advanced 11.60 percent to $5.31.This hike occurred as a result of recent efforts...

Identifying Value and Future Vision in Chewy Inc. (CHWY) Stock

Chewy Inc. (NYSE: CHWY), an online pet product retailer, recently introduced a new service, Connect With a Vet, featuring remote consultations with veterinarians. The...

Technical Outlook And Game Plan For Twilio Inc. (NYSE: TWLO)

Twilio Inc. (TWLO), which provides cloud-based tools to organize communication infrastructure, is one of the most visible beneficiaries of digital transformation in business. With...

Related news

Novanta Inc. (NOVT) Acquires Schneider Electric Motion USA (SEM) For $115M Cash

Novanta Inc. (NASDAQ: NOVT) has acquired Schneider Electric Motion USA (SEM), a company that could contribute to its industrial automation development. Novanta Inc. (NOVT) purchased...

What Helped MannKind Corporation (MNKD) Stock Jump 11.6 Percent?

During the trading session on 28 June,2021 MannKind Corporation (NASDAQ: MNKD) advanced 11.60 percent to $5.31.This hike occurred as a result of recent efforts...

Identifying Value and Future Vision in Chewy Inc. (CHWY) Stock

Chewy Inc. (NYSE: CHWY), an online pet product retailer, recently introduced a new service, Connect With a Vet, featuring remote consultations with veterinarians. The...

Technical Outlook And Game Plan For Twilio Inc. (NYSE: TWLO)

Twilio Inc. (TWLO), which provides cloud-based tools to organize communication infrastructure, is one of the most visible beneficiaries of digital transformation in business. With...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam