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Dangdang declined by more than 8% in early Friday

Source: Internet
Author: User
Keywords Dangdang Friday early disk
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Summary: Check the latest quotes Beijing time, August 30 Evening News, Dangdang (Nyse:dang) shares Friday low Open, after the shock downward. As of 22:17, Dangdang's share price fell 8.31%, reported 7.96 U.S. dollars. J.P. Morgan released its investment report today as

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Beijing time August 30 Evening News, Dangdang (Nyse:dang) stock prices opened in Friday, after the shock downward. As of 22:17, Dangdang's share price fell 8.31%, reported 7.96 U.S. dollars.

JPMorgan released its investment report today, reducing its Dangdang stock rating from "neutral" to "underweight", bringing its target share price from $4.30 to $6.50. JPMorgan believes that competition with other e-commerce platforms, as well as competition in the vertical market, will become a major challenge and risk for the next 12 months.


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