Shares added 32.4% to $169.12. Trading volume of 1.63 million had surpassed its three-month daily average.
In the three months to December, the discount e-retailer recorded net income of 49 cents a share, 8 cents higher than analysts surveyed by Thomson Reuters had expected.
Quarterly revenue of $651 million saw an explosive 117.3% year-over-year increase. Analysts had forecast total sales of $559.43 million.
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TheStreet Ratings team rates VIPSHOP HOLDINGS LTD -ADR as a Hold with a ratings score of C. The team has this to say about their recommendation:
"We rate VIPSHOP HOLDINGS LTD -ADR (VIPS) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall."
- You can view the full analysis from the report here: VIPS Ratings Report