Scalper1 News
Chinese flash-sale website Vipshop (VIPS) trampled Wall Street’s Q4 forecast late Monday, prompting analysts to raise their price targets and sending the stock soaring about 30% Tuesday. The stock touched a new all-time high of 182 in Tuesday’s session before returning to about 166 on the stock market today. The Guangzhou, China-based company late Monday reported earnings per share surged 206% to 49 cents, beating views by 8 cents. Sales rose 117% Scalper1 News
Scalper1 News