Muddy Waters says it has "no view" on Vipshop, shares rebound


After slumping in response to the appearance of a purported Muddy Waters-related "draft report" (since deleted) on Vipshop (VIPS -1.1%), shares have bounced in response to Muddy Waters' declaration that the draft is "a complete hoax," and that the firm has "no view" on whether Vipshop is a fraud.

Shares are still down 3% from where they traded before their mid-morning dive.

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Comments (1)
  • Ted Bear
    , contributor
    Comments (703) | Send Message
     
    Ahhh....what's a little market manipulation among friends?
    10 Dec 2013, 08:05 PM Reply Like
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