Scalper1 News
Vipshop Holdings late Tuesday posted Q3 EPS and sales that more than doubled year-earlier figures and beat expectations, but its Q4 revenue guidance was merely in line and shares fell late. Vipshop (VIPS) stock has nearly tripled this year and expectations were high heading into the Q3 report. In after-hours trading, Vipshop stock was down 6% after first rising 2% after results were released. Investors may have expected a bigger beat and higher Scalper1 News
Scalper1 News