Youku Tudou Stock Gaps Down On Today's Open (YOKU)
Shares of Youku Tudou (NYSE:YOKU) were gapping down Friday morning with an open price 10% lower than Thursday's closing price. The stock closed at $20.39 yesterday and opened today's trading at $18.35.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Shares of Youku Tudou (NYSE: YOKU) were gapping down Friday morning with an open price 10% lower than Thursday's closing price. The stock closed at $20.39 Thursday and opened today's trading at $18.35.
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The average volume for Youku Tudou has been 2.2 million shares per day over the past 30 days. Youku Tudou has a market cap of $3.3 billion and is part of the technology sector and internet industry. Shares are up 10.7% year to date as of the close of trading on Thursday. Youku Tudou Inc. operates as an Internet television company in the People's Republic of China. Its Internet television platform enables consumers to search, view, and share video content across various devices. TheStreet Ratings rates Youku Tudou as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Youku Tudou Ratings Report. Get more investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.