|Bid||35.42 x 100|
|Ask||35.90 x 100|
|Day's range||33.13 - 35.87|
|52-week range||22.49 - 46.69|
|PE ratio (TTM)||24.24|
|Earnings date||5 Mar 2018 - 9 Mar 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||40.03|
Shares of Momo Inc. (MOMO) soared more than 12% in morning trading Friday after the Chinese instant messaging company acquired Tantan, China's top dating application, in an all-cash deal valued at more than $600 million.
Momo Inc. agreed to buy Tinder-like competitor Tantan Ltd. to solidify its dominance in China’s online dating and hook-up sphere.
Momo Inc. has agreed to buy Tinder-like competitor Tantan for about $735 million to solidify its lead in Chinese online dating, according to two people familiar with the matter.
China's social video speedster takes a hit after weak guidance, stagnant premium user growth, and an analyst's bearish update.
MOMO started the year at $18 and more than doubled to $45 in August before giving back most of the gains to trade at $25 today. Aalok Devkota bought MOMO in January and sold it in August for a gain of 97%. Let's find out how he did it.
China's social video speedster gears up for a big earnings announcement, hoping to snap the trend where it has fallen following three of its past four quarterly reports.
China's social video and dating speedster moves higher on strong Singles Day activity, but the real test comes with next week's critical earnings report.
As much as U.S. tech stocks have climbed, their Chinese counterparts have surged far more as investors are drawn to the world's second-largest economy.
Jim Cramer speeds through his take on caller favorite stocks, including this Chinese social media play.