Seeking Alpha

Dangdang +3.4% AH in response to Vipshop's numbers

  • Dangdang (DANG), which flew higher last week in response to its own Q4 beat and strong guidance, is making fresh 52-week highs after Chinese e-commerce peer Vipshop trounced Q4 estimates and provided equally impressive Q1 guidance.
  • Dangdang is now up 54% since last Thursday's Q4 report.
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