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.