The key reason to sink Phoenix New Media (FENG) in the pre-marketing session

XRTX

A leading new media company in China, Phoenix New Media (NYSE: FENG) shares ‎nosedived -49.59% to $1.240 after it announced that it has amended trademark license ‎agreements with a subsidiary of its parent company, Phoenix Satellite Television Holdings ‎Limited, to renew those franchise agreements entered into on December 8, 2017.‎ Get the hottest stocks to […]