The Traderszone Network

Published in TZ Latest News 8 July, 2015 by The TZ Newswire Staff

Top Online Retail Stocks Climb Even As Alibaba Sinks

Internet retailers are holding up well even though a couple of former highflying Chinese names have been hit hard by that country’s stock market sell-off. Alibaba (BABA), China’s biggest online marketplace, has fallen 35% from its November peak and erased a huge gain from its September IPO price of 68. Former market leader Vipshop Holdings (VIPS) has also fallen hard.

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