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Fly News Breaks for October 30, 2015
BIDU, CTRP, QUNR
Oct 30, 2015 | 08:25 EDT
As noted earlier, Stifel downgraded Qunar (QUNR) to Hold from Buy. The firm expects Qunar to be "heavily influenced" by Ctrip (CTRP) following the latter company's transaction with Baidu (BIDU). Stifel believes that this development could negatively affect Qunar's growth and lower its valuation metrics.
News For QUNR;CTRP;BIDU From the Last 2 Days
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