Scalper1 News
Highflying 58.com (WUBA) stock tumbled Wednesday after the China-based online classified ad provider reported its first quarterly results since making its IPO on Oct. 31. The Beijing-based company is the No. 1 online classifieds provider in China, similar to Craigslist in the U.S. The company reported Q3 earnings per share of 11 cents, 2 cents below consensus estimates of analysts polled by Thomson Reuters. It reported revenue of $41.6 million, up Scalper1 News
Scalper1 News