Key Performance
More- Earnings Score: N/A
- Momentum Score: 86
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
One Fund Sold $21 Million in Vipshop Stock as E-Commerce Giant Posts $3 Billion in Revenue
North of South Capital reduced its Vipshop stake by 1.09 million shares ($21.04 million) in Q4, cutting the position from 6.3% to 3.6% of assets. Despite the sale, the fund retained a $40 million stake. Vipshop reported Q3 revenue of $3 billion (up 3.4% YoY) and net income growth of 16.8%, with guidance for up to 5% revenue growth next quarter, suggesting the trim was tactical rather than a loss of confidence.
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