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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

4/8/14

Vipshop Holdings Limited (VIPS)

Vipshop Holding is looking good today, up 10.84% to $142.29. The online Chinese retailer saw its shares climb nearly $14.00 today after Credit Suisse upgraded Vipshop from neutral to outperform. The firm also increased its price target from $145 to $178. Shares of Vipshop were able to climb over $145.00 intraday, but are still well off of their 52-week high of $182.00.

Voxeljet AG (VJET)

Voxeljet is trading in the red today, down 13.55% to $21.05. The 3D printing company saw its shares tumble after the company announced a secondary stock offering. Voxeljet management said that they plan to sell an additional 4 million ADR shares in order to raise $70 million; 3 million shares will be sold by Voxeljet and the remaining 1 million will be sold by selling shareholders. Shares of the company were able to hold up above their 52-week high of $19.30.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.