BitAuto Earnings, Guidance Beat Fail To Impress

By | March 9, 2015

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BitAuto Holdings (BITA) stock fell Monday, though the China auto website didn’t appear to hit any speed bumps when it reported a Q4 earnings beat early Monday. The company’s revenue guidance for the current quarter also came in ahead of Wall Street forecasts, as polled by Thomson Reuters, but the earnings guidance appeared weak. The volatile BitAuto stock was down 10% in morning trading in the stock market today, near 60.50. Last week, shares for Scalper1 News

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