E Commerce China Dangdang Soaring, Up 7% On Strong Volume (DANG)

E Commerce China Dangdang Inc DANG shares are jumping today, gaining more than 7% to $22.71, a gain of $1.49 on 1.7 million shares, as technology stocks are outpacing the broader markets today. Youku.com YOKU reported earnings last night, and announced a secondary offering to its recent IPO, which was just back in December, so Chinese Internet stocks are moving on the back of these results. E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce company in the People’s Republic of China.