Alert: Major Price Decline (12/17/24)-Cheetah Mobile Inc (NYSE: CMCM).

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On 12/17/24, Cheetah Mobile Inc (NYSE: CMCM) stock suffered a major decline of -22.1%, closing at $4.77. Moreover, this decline was accompanied by exceptionally high trading volume at 410% of normal. The stock has declined -20.0% during the last week but has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Cheetah Mobile has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cheetah Mobile has a neutral Appreciation Score of 45 but a good Power Rating of 72, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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