August 22, 2013 at 18:23 PM EDT
Vipshop Shows How Correction Can Be Your Best Friend
Vipshop Holdings (VIPS) shows how a broad-market correction can be your best friend. China-based Vipshop, which offers online "flash sales" to its 3.5 million (and growing) customers, was a red-hot stock for months before it peaked Aug. 12. But getting in wasn't so easy. Vipshop, which went public in March 2012 at $6.50, did bust out from a 12-week consolidation. But Vipshop was still losing money: 13 cents per share in that quarter and 4 cents
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here