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Tuesday, September 18, 2012

Stock Alert - Youku Tudou (YOKU +5.1%) up- 9/18/12

Youku Tudou (YOKU +5.1%) has been on a roller-coaster the last two days. Shares fell 10% yesterday thanks to a Chinese-language article suggesting user overlap for the newly-merged company's video sites could be as high as 50% - well above the 18% recently claimed by a Youku VP. But shares are rebounding a little today after Citi argues the article made incorrect conclusions as a result of comparing monthly data with weekly data

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