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Technology Stocks : iQIYI (IQ) -- Ignore unavailable to you. Want to Upgrade?


To: ACAN who wrote (164)8/27/2018 6:53:15 PM
From: Lynn  Respond to of 193
 
Thank you, ACAN. I was wondering what was going on with IQ's price today [getting out of the red is starting to look possible sooner rather than (much) later for me]. It seems the news item you shared is credited for the very nice move. Only the IQ part of the following article is copied below:

Why Cemex, iQiyi, and Advanced Micro Devices Jumped Today

Dan Caplinger, The Motley Fool

August 27, 2018
iQiyi makes another partnershipiQiyi stock rose almost 9% after the company announced that it would work with Chinese online travel company Ctrip.com International (NASDAQ: CTRP) to offer benefits to premium members. The China-based streaming-video specialist said that its top-ranked V7 VIP members will now automatically get all of the exclusive privileges that Ctrip Prime members get, including discounts on hotels, admission to high-demand attractions, priority for purchasing train tickets, and access to airport VIP lounges and fast-track security checkpoints. With membership counts at iQiyi already having jumped by 75% over the past 12 months, the company is pulling out all the stops to accelerate growth as quickly as possible.

finance.yahoo.com