Shares of the Chinese online cosmetics seller jumped on news of a new share buyback authorization.
News & Analysis: Jumei International Holding
The online retailer delivered strong earnings in spite of falling sales in the second quarter, giving investors a rare moment of jubilance.
It's kind of like being related to a drug dealer.
Jumei International Holding Limited also shoots higher on news of a rapidly growing market.
Is this meaningful? Or just another movement?
JD.com and Jumei moved nicely higher last week.
Is this meaningful or just another movement?