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Weakness Seen in Tuniu Corporation (TOUR): Stock Falls 6.1%
August 29, 2014

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Tuniu Corporation saw a big move in the last trading session, as the company’s shares fell over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for TOUR, as the stock is now down nearly 23% since Aug 8.

The online leisure travel company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

TOUR currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Investors interested in the Internet Content industry may consider better-ranked stocks like YY Inc. (YY - Free Report) , Perfect World Co., Ltd. and Yelp, Inc. (YELP - Free Report) . While YY and Perfect World hold a Zacks Rank #1 (Strong Buy), Yelp carries a Zacks Rank #2 (Buy).

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