Why Tuniu Corporation Stock Is Plummeting for a Second Day

Last week, Tuniu shares scored back to back "green" days on the Nasdaq, rising more than 50% before the Thanksgiving Day holiday. Now as we approach a much anticipated earnings report, Tuniu shares continue to fall -- down another 13.6% as of 1:35 p.m. EST. The answer to both questions could be "yes," or it could be "no." Last week, Tuniu confirmed that it plans to release third-quarter 2020 earnings numbers before the market opens tomorrow.