3 Reasons Vipshop Holdings Stock Isn't Crashing This Time [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
A mixed third quarter is good enough for investors hungry for a financial update that wasn't horrible. Earnings season has been a dangerous time to own a piece of Vipshop Holdings ( NYSE:VIPS ) . The stock has taken better than 20% hits in back-to-back quarters heading into Wednesday afternoon's third-quarter release, making it so easy to brace for the worst earlier this week. Thankfully for the brave investors holding the stock despite its bearish momentum, Vipshop's latest financial update isn't triggering a third consecutive meltdown. The stock initially moved higher on the news. Let's go over the reasons why Vipshop isn't losing ground for a change. Image source: Vipshop Holdings. 1. It's a beat for a change Revenue rose 16.4% to $2.6 billion for the third quarter. It's the Chinese online discounter's ninth consecutive period of decelerating top-line growth, but it's near the high end of the 13% to 18% growth that it was targeting back in August -- and al
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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