Market Blog Trends

BITA falls 5% pre-market

Bitauto Holdings Limited(NYSE:BITA) caters to the Internet content, marketing and transaction services of the automotive industry in China. BITA announced a loss of $92.8 Million today and saw a downside of 5% pre-market. It saw a price rise of over 10% in the last two months, and analysts are pretty positive about the stock. Stockal’s Confidence meter has been consistently above 70%.   While the net loss has increased yoy