The class actions lawsuit against Qutoutiao has reached a resolution, although not in favor of the company, I expect the stock to returned to the most recent highs give time. It should be taken note that the stock continues to show institutional interest, at currently low prices I consider this a great buy.
Company description According to TechCrunch, the app "uses an AI-based content recommendation engine to display articles and videos based on user profiles." Qutoutiao is a Chinese mobile content aggregator. The Qutoutiao platform has absorbed a large number of authoritative media, corporate organizations, personal V, and other types of self-media creators to settle in and provide good ecological soil for the creation of high-quality content Wikipedia
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.