Stock Market & Financial Investment News

News Breaks September 18, 2012 06:02 EDT YOKU Youku.com shares dropped on DoNews.com article, says Citigroup Citigroup attributes the 10% drop last night in Youku.com shares to an article on DoNews.com that suggested user overlap could be high as 50% for the now-combined Youku and Tudou. The user-overlap estimate is well above the 18% cited by Youku’s Senior VP, Yu Zhou, at a recent conference, Citi points out. However, Citi thinks DoNews.com compared monthly data with weekly data, resulting in a wrong conclusion. The firm reiterates a Buy rating on Youku.com shares with a $36 price target. News For YOKU From The Last 14 Days Check below for free stories on YOKU the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 17, 2013 10:44 EDT YOKU Youku Tudou drops sharply, levels to watch The stock is down over 6.6% at time of writing, last at $19.67. At that price, next support is at $19.39, and then at $18.91. Resistance is at $20.64. May 16, 2013 11:34 EDT YOKU Youku Tudou initiated with a Buy at BofA/Merrill Subscribe for More Information 10:03 EDT YOKU On The Fly: Analyst Upgrade Summary Subscribe for More Information 09:41 EDT YOKU Youku Tudou upgraded to Overweight from Neutral at HSBC Subscribe for More Information 09:09 EDT YOKU Youku Tudou price target raised to $25 from $21 at Macquarie Subscribe for More Information 08:17 EDT YOKU Youku Tudou upgraded to Hold from Sell at Maxim Subscribe for More Information May 15, 2013 17:33 EDT YOKU Youku Tudou sees Q2 revenue RMB720M-RMB770M, consensus RMB666.17M 17:32 EDT YOKU Youku Tudou reports Q1 EPS (23c), may not compare to consensus ($1.39) Subscribe for More Information 15:11 EDT YOKU Notable companies reporting after market close Subscribe for More Information May 13, 2013 06:28 EDT YOKU Youku.com May volatility elevated at 112 into Q1 Subscribe for More Information May 10, 2013 14:20 EDT YOKU Youku.com May volatility elevated at 88 into Q1 Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.