Analysts say investors should avoid shares of China's Meituan Dianping

Analysts say investors should avoid shares of China's Meituan Dianping

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/21/analysts-are-advising-investors-to-stay-away-from-meituan-dianping.html

Analysts are urging investors to stay away from shares of Meituan Dianping, with the company's stock in the doldrums since its initial public offering last September.

In fact, one firm sees more than 30 percent downside for Meituan Dianping's stock from its current levels.