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Tag: GSX Stock

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GSX Techedu Inc (GSX) stock is tumbling day by day

GSX Techedu Inc (GSX) stock is currently tumbling because of several reasons. An important reason that many analysts mention about the tumbling of the stock is an allegation of fraud on the company. These allegations were made by short-sellers. A Short Review On GSX: GSX Techedu is an education-based company from the Beijing that is currently providing its services to K-12 students., The company initially held its public offer on the New York stock exchange at $3 billion. During the pandemic, the demand for online grew enormously. Because of this high demand the company tenfold from its initial offering. Currently