The Traderszone Network

Published in TZ Latest News 12 August, 2017 by The TZ Newswire Staff

Vipshop Stock Has a Lot to Prove on Wednesday

One of the market’s former rock stars is hoping to regain its swagger. Vipshop Holdings (NYSE: VIPS) will get a chance to do that next week when it puts up fresh financials after Wednesday’s market close. 

There’s a lot riding on the second-quarter results. The Chinese online discounter of brand-name apparel and accessories was one of the hottest stocks on Wall Street. The shares more than doubled for three consecutive years between 2012 and 2014.

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