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why is tuya stock dropping

by Antonetta Lynch Published 3 years ago Updated 2 years ago
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A disappointing earnings report was the catalyst for Tuesday's sell-off of Tuya ( TUYA -8.68% ), a China-based company that operates an Internet of Things (IoT) cloud development platform.Mar 15, 2022

What's going on with Tuya stock?

Aug 18, 2021 · With today's share price drop, Tuya's stock is down 52% since its IPO. Investors may want to be cautious about investing in Tuya right now.

What is the prediction for tuya Inc-ADR (Tuya) stock?

Aug 18, 2021 · With today's share price drop, Tuya's stock is down 52% since its IPO. Investors may want to be cautious about investing in Tuya right now.

Should investors be disappointed with Tuya's Q3 revenue outlook?

Mar 15, 2022 · Why Tuya Stock Is Falling Today. Motley Fool Returns. Market-beating stocks from our award-winning service. Stock Advisor Returns. 463%. 463% . S&P 500 Returns. 133%.

Why are Chinese stocks trading lower today?

Apr 08, 2022 · Why Tuya Stock Plummeted on Tuesday - The Motley Fool fool.com - March 15 at 6:59 PM: Why Tuya Stock Plummeted on Tuesday finance.yahoo.com - March 15 at 6:59 PM: Tuya Inc. (TUYA) CEO Jerry Wang on Q4 2021 Results - Earnings Call Transcript - Seeking Alpha seekingalpha.com - March 15 at 3:58 AM

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Why is Tuya going down?

Why Tuya Is Plunging Even Lower Today While revenue outpaced analyst forecasts and net losses were in line, sales guidance of between $83 million and $86 million widely missed consensus expectations of $110 million.

Will Tuya stock go up?

The Tuya Inc. stock price gained 3.40% on the last trading day (Wednesday, 13th Apr 2022), rising from $2.94 to $3.04....Predicted Opening Price for Tuya Inc. of Thursday, April 14, 2022.Fair opening price April 14, 2022Current price$3.02$3.04 (Overvalued)

Is Tuya a good investment?

Is TUYA Stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NYSE: TUYA) stock is to Strong Buy TUYA stock.

Is Tuya buy or sell?

Tuya has received a consensus rating of Buy.

Who owns Tuya Inc?

Ruixin has over 10 years' experience in infrastructure development. Prior to co-founding Tuya in 2014, he served in PHPWind and Alibaba. He leads the technology team with the vision for the innovative technical architecture of Tuya's IoT platform. Jessie has vast experience in guiding Fortune 500 companies financially.

What is Tuya on my wifi?

Simply the Tuya Smart is an application to control smart products via mobile devices such as smartphones or tablets. The TuyaSmart app is available for both iOS and Android operating systems.

Is Tuya overvalued?

We believe Tuya's stock price is overvalued now, based on TEV to total revenue ratios analysis. We chose several public companies with similar businesses for comparison. Based on the statistics, we found that Tuya's ratio (79.1x) is much higher than its competitors, indicating it is not a good time to long its stock.Mar 30, 2021

Is Tuya a good company?

Is Tuya a good company to work for? Tuya has an overall rating of 3.9 out of 5, based on over 27 reviews left anonymously by employees. 75% of employees would recommend working at Tuya to a friend and 82% have a positive outlook for the business.Feb 9, 2022

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We're Hopeful That Tuya (NYSE:TUYA) Will Use Its Cash Wisely

In this piece, we will take a look at the 10 stocks to sell according to billionaire Daniel Sundheim. If you aren’t interested in the hedge fund billionaire and his fund’s profile and want to jump ahead to the five largest stock holdings he sold during the third quarter of last year, then head on […]

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TUYA Target Price

Investment company D1 Capital Partners L.P.

Tuya Inc - ADR ( TUYA ) Stock Market info

TUYA price target in 14 days: 6.970 USD* upside and 5.632 USD* downside. (Highest and lowest possible predicted price in a 14 day period)

Also on walletinvestor.com

Recommendations: Buy or sell Tuya Inc - ADR stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Tuya Inc - ADR share forecasts, stock quote and buy / sell signals below.

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