Vipshop Holdings Ltd
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Consumer Discretionary : Internet & Direct Marketing Retail |
Based in China
Company profile

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company's segment is sales, product distribution and offering of goods on its online platforms. The Company conducts its business through its subsidiaries and consolidated affiliated entities in China. Through its flash sales model, the Company sells limited quantities of discounted branded products online for limited periods of time. The Company offers diversified product offerings from over 17,000 domestic and international brands, including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products. The Company offers a range of products and services for consumers through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Postmarket

Last Trade
Delayed
$16.36
-0.14 (-0.85%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$16.50
Day's Change
0.52 (3.25%)
Bid
--
Ask
--
B/A Size
--
Day's High
17.20
Day's Low
15.82
Volume
(Heavy Day)
Volume:
11,091,685

10-day average volume:
8,212,738
11,091,685

ATTENTION DELTA AIRLINES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Delta Stock Held With Full-Service Brokerage Firms During Coronavirus Pandemic

3:29 pm ET May 6, 2020 (BusinessWire) Print

KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of Delta Airlines (NYSE:DAL) ("Delta") who held large, unhedged concentrated positions in Delta stock and/or received margin calls resulting in the forced sale of stock. The recent losses were the result of unsuitable advice during the Coronavirus ("COVID-19") pandemic. The investigation focuses on full-service brokerage firms' negligence and failure to supervise the management of concentrated, leveraged positions in Delta stock.

Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose customers hold large concentrated stock positions have a duty to ensure that their customers understand the risks associated with concentration and to disclose and recommend the availability of risk management strategies. The failure to use risk management strategies as well as the failure to "hedge" the value of a concentrated portfolio directly exposes an investor's concentrated position to fluctuations in the volatile securities markets. Since trading as high as 63.44 per share in July 2019, the price of Delta stock dropped to 19.10 on March 18, 2020, a decline of nearly 70%.

The sole purpose of this release is to investigate whether strategies deployed by full-service brokerage firms were suitable for Delta employees and investors with concentrated, leveraged stock positions. Delta shareholders who held accounts at full-service brokerage firms, and have information relating to the manner in which the firm handled their concentrated, leveraged portfolios, are encouraged to contact Lawrence L. Klayman, Esq., at (561) 542-5131, and download our Special Investor Report.

About KlaymanToskes

KT is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation, on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm represents high net-worth, ultra-high-net-worth, and institutional investors, such as non-profit organizations, unions, public and multi-employer pension funds. KT has office locations in California, Florida, New York, and Puerto Rico.

Destination: https://klaymantoskes.com/attention-delta-airlines-employees-investors

View source version on businesswire.com: https://www.businesswire.com/news/home/20200506005978/en/

SOURCE: KlaymanToskes

KlaymanToskes
Lawrence L. Klayman, Esq., (561) 542-5131
lklayman@klaymantoskes.com 
www.klaymantoskes.com

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