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Why Baozun Stock Gained 19% Last Month

TheMotleyFool

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Shares of Baozun (NASDAQ: BZUN) were climbing last month as the company announced a new strategic partnership and seemed to benefit from a short squeeze. According to data from S&P Global Market Intelligence, the stock finished January up 19%.

As you can see from the chart below, the stock shot higher on Jan. 26 on the news above before giving back some of those gains the next day.