Shein shares dive more than 11% after earnings disappoint
Shein shares plunged more than 11% after its first results since its Hong Kong IPO showed revenue growth of just 1% and a sharp drop in operating profit amid rising costs and competition.
Shein shares plunged more than 11% after its first results since its Hong Kong IPO showed revenue growth of just 1% and a sharp drop in operating profit amid rising costs and competition.