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Stock Market & Financial Investment News

News Breaks
May 16, 2014
09:37 EDTJMEIJumei International indicated to open $25.00-$27.00
Jumei International (JMEI) priced 11.1M shares at $22.00. Goldman, Credit Suisse and JPMorgan acted as joint book running managers for the offering.
News For JMEI From The Last 14 Days
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June 30, 2015
11:12 EDTJMEIJumei upgraded to Buy from Hold at HSBC
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June 18, 2015
10:03 EDTJMEIJumei up 4.6% in early trading to $26.12 in early trading
Shares of a number of Chinese companies trading in the U.S. have recently received "go private" offers and the move higher in Jumei may be attributed to takeover speculation, according to trading contacts.

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