BitAuto Drives "Singles Day" Sales With New Website

By | November 17, 2014

Scalper1 News

Strong Q3 earnings, a successful Singles Day promotion and a new eBay-like service paid off big for Chinese auto information website BitAuto Holdings (BITA), which got price target hikes from two investment banks on Monday. BitAuto stock, however, was down nearly 4% in midday trading in the stock market today, near 89. BitAuto stock is 10% off its all-time high of 98.28, touched on Aug. 26, but the company again is No. 1 in the IBD 50 ranking of Scalper1 News

Scalper1 News