Everyone enters gaming business worries investors about 7%

Source: Internet
Author: User
Keywords Everyone
Tags advertising advertising business business business to close closed closing closing price
1th page: Everyone into the game business investors worry about 2nd page: Everyone CEO Chen 3rd page: Everyone CEO Chen 4th page: Everyone CEO Chen a boat

News and technology information in Beijing September 5, everyone closed in Thursday, the shares fell 7%, the closing price reached the lowest level in seven months.

It has been reported that CEO Chen said the company is looking beyond the online advertising business, plans to launch mobile gaming business to seek profits.

Andy Yeung, an analyst at Oppenheimer Technologies and internet companies, said: "Investors are concerned about the shift from a core business to other businesses, which could Andy Yang the business into new areas through mergers and acquisitions, which may also mean that everyone will burn money." The game may have been good for social media platforms at first, but it has not been able to push social media companies to achieve long-term growth. ”

On the same day, everyone fell 0.27 US dollars in regular trading on the New York Stock Exchange, at $3.56, or 7.05%, hitting a $3.52 low. For the past 52 weeks, everyone has the highest price of $7.87, the lowest price is 3.21 U.S. dollars.

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