Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Chinese map services specialist AutoNavi
So what: Online media companies in China are dropping like flies today as Internet media generalist SINA
Now what: After a pretty hot IPO in the summer of 2010, AutoNavi shares have fallen 35% and are setting new all-time lows right now. As if to show that all Chinese Internet stocks aren't the same, Baidu.com
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Editor's note: A previous version of this article described Jefferies' action as a downgrade. The Fool regrets the error.