Here’s A Reason Vipshop (vips) Stock Is Falling

NEW YORK (TheStreet) -- Shares of Vipshop Holdings are down by 2.41% to $24.88 in late afternoon trading on Thursday, after litigation firm Milberg LLP announced it has filed a class action lawsuit against the China-based online retailer, which claims that the company and some of its officers violated securities law by "disseminating false and misleading statements to the investing public." The suit was filed in the U.S.

BING NEWS:
  • Vipshop Holdings Ltd ADR (VIPS) Stock to return to profitability in the near future
    The Benchmark Company raised the price target for the Vipshop Holdings Ltd ADR (NYSE:VIPS) stock from “a Buy” to “a Hold”. The rating was released on May 23, 2024, according to finviz. We previously ...
    06/4/2024 - 7:51 am | View Link
  • Vipshop Holdings downgraded to Hold at Benchmark post first quarter results
    Since the start of the year, Vipshop has fallen about 9.23%, while on a 12-month reading, the stock has risen about 11.40%. Seeking Alpha's Quant and Wall Street rated the company as a Buy.
    05/23/2024 - 2:47 am | View Link
  • Analysts Offer Insights on Consumer Cyclical Companies: Trip.com Group Ltd. Sponsored ADR (TCOM), Vipshop (VIPS) and Webjet Limited (OtherWEBJF)
    Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Trip.com Group Ltd. Sponsored ADR (TCOM – Research ...
    05/23/2024 - 1:10 am | View Link
  • Vipshop Holdings Limited (NYSE:VIPS) Q1 2024 Earnings Call Transcript
    Vipshop Holdings Limited beats earnings expectations. Reported EPS is $0.65, expectations were $0.59. Operator: Ladies and gentlemen, good day, everyone, and welcome to Vipshop Holdings Limited First ...
    05/22/2024 - 9:04 pm | View Link
  • VIPS Stock Earnings: Vipshop Holdings Beats EPS, Misses Revenue for Q1 2024
    Vipshop Holdings (NYSE:VIPS) just reported results for the first quarter of 2024.Vipshop Holdings reported earnings per share of 65 cents. This was above the analyst estimate for EPS of 39 cents.The ...
    05/22/2024 - 6:52 am | View Link
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