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6446697
2021-08-18

Why Tuya Stock Is Falling Today

Investors weren't happy with management's guidance for the third quarter.

Why Tuya Stock Is Falling Today

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So why did investors drive Tuya's stock price down today?</p>\n<p>Investors were likely disappointed with the fact that the revenue outlook for the third quarter set by Tuya's management was between $83 million and $86 million, which is far below analysts' consensus estimate of $109.9 million for the quarter.</p>\n<h2><b>Now what&nbsp;</b></h2>\n<p>Tuya went public back in March and since then the company's stock has been extremely volatile. With today's share price drop, Tuya's stock is down 52% since its IPO.</p>\n<p>Investors may want to be cautious about investing in Tuya right now. In addition to the company's own share price swings, many China-based technology companies are experiencing share price volatility right now as the Chinese government implements increasing restrictions on how Chinese tech companies operate in the country.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tuya Stock Is Falling Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tuya Stock Is Falling Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/18/why-tuya-stock-is-falling-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Tuya Inc., an Internet-of-Things platform company, fell this morning after the company reported its second-quarter results.\nThe tech stock was down by 19.9% as of 10:30 a.m. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/18/why-tuya-stock-is-falling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUYA":"涂鸦智能"},"source_url":"https://www.fool.com/investing/2021/08/18/why-tuya-stock-is-falling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160737919","content_text":"What happened\nShares of Tuya Inc., an Internet-of-Things platform company, fell this morning after the company reported its second-quarter results.\nThe tech stock was down by 19.9% as of 10:30 a.m. EDT.\nSo what \nTuya's sales in the second quarter skyrocketed 118% to $84.7 million, which outpaced Wall Street's consensus estimate of $78 million.\n\nImage source: Getty Images.\nThe company's adjusted net loss per American depositary share of $0.04 matched analysts' consensus estimate for the second quarter. So why did investors drive Tuya's stock price down today?\nInvestors were likely disappointed with the fact that the revenue outlook for the third quarter set by Tuya's management was between $83 million and $86 million, which is far below analysts' consensus estimate of $109.9 million for the quarter.\nNow what \nTuya went public back in March and since then the company's stock has been extremely volatile. With today's share price drop, Tuya's stock is down 52% since its IPO.\nInvestors may want to be cautious about investing in Tuya right now. 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Why Tuya Stock Is Falling Today

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