Youku.com Being Hit, Down Nearly 4% (YOKU)

Youku.com Inc YOKU shares are dropping sharply, down nearly 4% on over 1 million shares, which is less than the average daily volume of 3.3 million shares. At last check, shares of the company dubbed the "Chinese Youtube" are off $2.32 to $58.85, a loss of 3.8%.