Similar Stories to Can Vipshop Rebound From Its Post-earnings Plunge? on Bing News

Shares of Vipshop (NYSE: VIPS) tumbled nearly 20% on May 15 after the Chinese e-tailer reported its first-quarter numbers. Its revenue rose 25% annually to 19.9 billion yuan ($3.2 billion), beating estimates by $120 million, but its non-GAAP net income dropped 9% to 728 million yuan ($116 million), or 1.05 yuan ($0.17) per ADS, missing expectations by a penny.

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    Snap’s post-earnings rally may initially seem somewhat justified ... Therefore, Snap keeps destroying shareholder value, even after posting a rebound in revenues. It may be an indirect value ...
    05/24/2024 - 4:24 pm | View Link
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