vip.com and dangdang.com nearly three months of stock price movements (Tencent technology plan)
Tencent Francisco (min XI) October 10th Beijing time news, vip.com in the last trading day contrarian rose 4.42%, to close at $7.79 per share, a record high since the listing price, market capitalization of $394 million, surpassing dangdang.com.
data show that vip.com’s stock price rose nearly three in the past month rose to $27.5%, the market value climbed to $394 million. Dangdang shares fell 27.5% over the same period, the market value has shrunk to $365 million. Over the past month, vip.com’s share price rose more than 40% yesterday rose again by 4.42%, closing price hit a new high since listing.
vip.com in March 23rd this year, landing the NYSE, financing $72 million 640 thousand. After the Wall Street basically shut down the financing window of Chinese stocks, vip.com became China’s first China Internet Corporation in the United States IPO.
listed on the first day, vip.com shares fell 15.38% compared to the issue price, the second trading day continued to fall by 14.55%, after the shock has been at the bottom of the issue price, until September 21st flat at the issue price.
August, vip.com announced second quarter earnings. Data show that the net revenue of $135 million, an increase of 233.5%, gross margin increased to 21.8%, a net loss of $19 million 500 thousand from the same period last year narrowed to $5 million 800 thousand, the loss rate dropped to 4.27%, approaching the profit.