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
More Stocks News
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com