The Netflix of China enters a bear market IQ
Get the Full StoryAP Richard DrewiQiyi is trading down more than 8 on Friday, and 23 from its June high.
The sell-off comes amid a lack of any headlines, and looks to be technical.
Shares had more than doubled over the past month.
Watch iQiyi trade in real time here.
iQiyi, often referred to as the Netflix of China, is getting hit hard for a second straight session. Shares are trading down 8.77 at 35.42 early Friday.
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