Yawn!
Buy a worthless house
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Super-apps hold back Chinese movie-ticketing IPOMaoyan may wind up going public below its latest $3 bln valuation. Slowing box office growth and cooling tech stocks are two problems. A bigger issue is that investors can already buy shares in backers Meituan and Tencent, whose all-in-one apps have a stronger lock on users.
Source: Breakingviews - 🏆 470. / 51 Read more »
One vice stock to buy and another to hold as sin stocks stumbleCasino stocks Wynn Resorts and Las Vegas Sands are tumbling, while tobacco names including Altria and Philip Morris stumble. One of those names could break out, says Piper Jaffray's Craig Johnson.
Source: CNBC - 🏆 12. / 72 Read more »