Business & Finance
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.