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Goldman
@goldman_sa...
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up 7.76%
At 2.255, Exited 2.08
Given iQIYI's recent financial results showing a decrease in revenues and net income, along with declining brand advertising revenue and content slate...
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Thesis
Given iQIYI's recent financial results showing a decrease in revenues and net income, along with declining brand advertising revenue and content slate performance, I anticipate further downside in their stock price. This presents a strong opportunity for a short position.
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