Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Vipshop Stock Was Sliding Today

TheMotleyFool

0 0

Shares of Vipshop (NYSE: VIPS) were taking a dive today as the Chinese online discount retailer was getting swept up in the broader slide in Chinese stocks as trade tensions flared again. As of 12:44 p.m. EDT, Vipshop shares were down 9.4%.

It was nothing short of a bloodbath in U.S. stocks today as the S&P 500 was down 2.6% in early afternoon, while the tech-heavy Nasdaq was off 3.2%. The Shanghai Composite was off 1.6%.

Image source: Getty Images.

Quelle Fool.com

Like: 0

VIPS

Share