China's 21Vianet Well-Positioned For Growth

Having debuted on the NASDAQ earlier in April (and debuting with their Chairman and CEO ringing the opening bell no less), 21Vianet Group Inc. made a splash in the IPO market as an example of another Chinese firm going public. In just a short span, however, the stock has fallen from a high of more than $22 to a close price of $17.75 as of April 25. But is this retracement a lack of confidence in the company itself? Or mere profit taking after an extremely solid IPO?

 Read more