VIPshop retreats on BNP Paribas downgrade

Shares of VIPshop (VIPS -3.2%) are giving up some of yesterday's gains (+9.7%) after BNP Paribas downgrades the Chinese flash retailer to Hold from Buy.

From other sites
Comments (1)
  • Drop in the Ocean
    , contributor
    Comments (22) | Send Message
    Could VIPS be another Amazon? My fear is how much security is there that the books are not being cooked. Anyone trading SU won't forget the debacle they underwent at buying a Chinese company that had over inflated income, projections etc. etc.
    Thoughts anyone?
    5 Nov 2013, 01:09 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs