Qutoutiao Inc - ADR (QTT) gains 1.07% for July 21

Equities Staff  |

Qutoutiao Inc - ADR (NASDAQ: QTT) shares gained 1.07%, or $0.02 per share, to close Wednesday at $1.89. After opening the day at $1.82, shares of Qutoutiao fluctuated between $2.03 and $1.82. 1,377,902 shares traded hands an increase from their 30 day average of 1,174,044. Wednesday's activity brought Qutoutiao’s market cap to $323,660,572.

About Qutoutiao Inc - ADR

Qutoutiao Inc. operates innovative and fast-growing mobile content platforms in China with a mission to bring fun and value to its users. The eponymous flagship mobile application, Qutoutiao, meaning 'fun headlines' in Chinese, applies artificial intelligence-based algorithms to deliver customized feeds of articles and short videos to users based on their unique profiles, interests and behaviors. Qutoutiao has attracted a large group of loyal users, many of whom are from lower-tier cities in China. They enjoy Qutoutiao's fun and entertainment-oriented content as well as its social-based user loyalty program. Launched in May 2018, Midu Novels is a pioneer in offering free literature supported by advertising and has grown rapidly to become a leading player in the online literature industry. The Company will continue to bring more exciting products to users through innovation, and strive towards creating a leading global online content ecosystem.

Visit Qutoutiao Inc - ADR’s profile for more information.

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To get more information on Qutoutiao Inc - ADR and to follow the company’s latest updates, you can visit the company’s profile page here: Qutoutiao Inc - ADR’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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