The Netflix of China is on a hot streak with millennial investors: IQIYI

in #money6 years ago (edited)

https://www.businessinsider.nl/iqiyi-stock-millennials-snapping-up-shares-netflix-of-china-2018-6/?international=true&r=UK

iQiyi is flying up the ranks of Robinhood’s top stocks.
Shares of the Chinese video service are up 90% since its IPO in March.
Baidu, China’s largest search engine, owns an 59% stake in the company.
The Netflix of China is continuing to rise in popularity among millennial investors.

Crushing a new 52 week high today......