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Why Baozun Jumped 45% Last Month

TheMotleyFool

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Shares of Baozun (NASDAQ: BZUN) were climbing last month after the Chinese e-commerce services provider posted better-than-expected earnings results during the peak of China's coronavirus lockdowns. That sparked a rally that propelled the stock up 45% over the course of the month, according to data from S&P Global Market Intelligence.

As you can see from the chart below, the gains came in two separate spurts.