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Shein Drops to Record Low After Profit Plunge in Debut Earnings

Key Points

Shares of Shein Global Holdings Ltd. fell as much as 8.6% to a record low after the online fashion retailer reported a 53% plunge in first-half operating income in its inaugural earnings as a public company.

Shares of Shein Global Holdings Ltd. fell as much as 8.6% to a record low after the online fashion retailer reported a 53% plunge in first-half operating income in its inaugural earnings as a public company.
Shein Drops (PERSON) Record Low After Profit Plunge in Debut (ORG) Shein Global Holdings Ltd. (ORG)
Originally published by Bloomberg Markets Read original →