IPOs Like Jiayuan May Have No Early Analyst Coverage - ResearchInChina

Date:2011-06-29liuhongli  Text Size:

That's sort of what happened recently to investors in Jiayuan.com International (DATE).

China's No. 1 online dating site had its U.S. initial public offering May 11. On June 8, it released its latest financial results. Sales tripled from the year-earlier quarter to $10.4 million. And its stock? Shares fell 4.7% that day.

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