Why Vipshop Stock Crashed (Further) Today
Shares of Vipshop Holdings (NYSE: VIPS) slumped again on Thursday, losing as much as 10.6% before recovering some of its losses. As of 2:21 p.m. EDT, the stock was down 5.3%.
The Chinese e-commerce company plunged anew after a Wall Street analyst posited that its immediate future looks bleak.
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Source Fool.com