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Why Baozun Stock Was Tumbling Today

TheMotleyFool

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Shares of Baozun (NASDAQ: BZUN) were getting hammered today as the Chinese e-commerce company reported disappointing results in its third-quarter earnings report, showing that growth essentially ground to a halt and it reported its first adjusted quarterly loss as a public company.

As a result, the stock was down 11.5% as of 11:16 a.m. ET.

Image source: Baozun.

Source Fool.com

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