Previous close | 2.1300 |
Open | 2.1300 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 7.50 |
Expiry date | 2023-07-21 |
Day's range | 2.1300 - 2.1300 |
Contract range | N/A |
Volume | |
Open interest | 29 |
Shares of Baozun (NASDAQ: BZUN) were falling today after the Chinese e-commerce services provider posted disappointing results in its fourth-quarter earnings report, missing estimates on the top and bottom lines. Baozun has been struggling for years with its own challenges, and like other Chinese e-commerce companies, it has been tripped up by COVID-19 lockdowns in China recently. Service revenue, which now makes up the majority of the company's business, fell 8.3% to $258.2 million.
The Cricut electronic cutting machine was a natural winner with its ability to punch patterns into paper, vinyl, greeting card stock, and other flat objects. This should be a great time for Stitch Fix, in theory.
Chinese stocks broadly are responding positively to some regulatory news and more bullishness around the sector.