Why Tuniu Stock Got Crushed Today

Why Tuniu Stock Got Crushed Today

Shares of Tuniu Corporation (NASDAQ: TOUR), a travel company based in China, got crushed on Tuesday after the company released uninspiring results for the third quarter of 2020. As of 11:30 a.m. EST, Tuniu stock was down 18%. Going forward, Tuniu's management sees a slight sequential improvement for its business.