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The stocks of e-commerce companies Shopify (SHOP) and Baozun (BZUN) both showed solid gains Tuesday, following their initial public offerings last week. China-based Baozun, which helps brand partners execute e-commerce strategies, rose 14% to 12.67 in heavy volume on the stock market today. China e-commerce leader Alibaba Group (BABA) holds an 18% stake in the company. Baozun priced at 10, below its expected range of 12 to 14. It offered 11 Scalper1 News
Scalper1 News