Why GSX Techedu Stock Was Crushed on Wednesday

Jon Quast, The Motley Fool
·2 min read
Why GSX Techedu Stock Was Crushed on Wednesday
Why GSX Techedu Stock Was Crushed on Wednesday

There are two things happening with Chinese education platform GSX Techedu (NYSE: GSX) today. First, the stock was downgraded by an analyst at Credit Suisse. Credit Suisse analyst Alex Xie believes the online-education space in China is getting more competitive, according to The Fly.