Why Vipshop Stock Soared Today [The Motley Fool]
Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares (VIPS)
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am
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Source: The Motley Fool
Bernstein upgrades Vipshop thanks to its recent deal with Tencent and JD.com. Evan Niu, CFA ( TMFNewCow ) Jan 16, 2018 at 3:38PM What happened Shares of Chinese discount retailer Vipshop ( NYSE:VIPS ) have soared today, up 10% as of 3 p.m. EST, after Bernstein upgraded the stock. Analyst Bhavtosh Vajpayee boosted his rating to outperform while more than doubling the firm's price target on Vipshop shares. So what The announcement last month that Vipshop would be partnering with heavyweights Tencent ( NASDAQOTH:TCEHY ) and JD.com ( NASDAQ:JD ) played no small part in the rating change, which included a sizable investment in Vipshop from the larger companies. Vajpayee argues that the deal promises a new tomorrow, as it could accelerate growth through incremental gains in traffic. Part of the deal included greater exposure on Tencent'
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News
- Vipshop Holdings Limited (VIPS) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Vipshop Holdings' (NYSE:VIPS) five-year total shareholder returns outpace the underlying earnings growth [Yahoo! Finance]Yahoo! Finance
- Vipshop Holdings Limited (NYSE: VIPS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Vipshop Filed 2023 Annual Report on Form 20-FPR Newswire
- Why Vipshop Holdings Limited (VIPS) Dipped More Than Broader Market Today [Yahoo! Finance]Yahoo! Finance
VIPS
Earnings
- 2/28/24 - Beat
VIPS
Sec Filings
- 4/18/24 - Form 20-F
- 3/4/24 - Form 144
- 2/28/24 - Form 6-K
- VIPS's page on the SEC website