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IQIYI shares fall 4.39% premarket after reporting Q2 loss and revenue decline.
ByAinvest
Wednesday, Aug 20, 2025 7:22 am ET1min read
Iqiyi, Inc. fell 4.39% in premarket trading, with the company reporting a Q2 loss and a decline in revenue. The company's core online advertising business, which typically makes up 60% of the overall company revenue, took a hit due to a property market downturn, weak employment rates, and choppy consumer demand.
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