Shein Sinks 14% After Operating Profit Plunge in Debut Earnings
Shein Global Holdings Ltd. shares dropped to a record low following a 53% decline in first-half operating income reported in its debut earnings.
Shares of Shein Global Holdings Ltd. fell as much as 14% after the online fashion retailer reported a 53% plunge in first-half operating income in its inaugural earnings as a public company.
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