E Commerce China Dangdang Loses 3% (DANG)

Shares of E Commerce China Dangdang

have fallen 3% on Friday, and continue to head lower. In the last month, DANG shares have lost more than 16% and have fallen more than 15% since their December IPO. The stock is still trading well above the offering price in that IPO deal, however. DANG has been described as the "Amazon.com" of China. E-Commerce China Dangdang Inc. (Dangdang) is a holding company. The Company is a business-to-consumer (B2C), e-commerce Company in the People's Republic of China. As of September 30, 2010, it offered approximately 590,000 book titles on its Website, including more than 570,000 Chinese language titles.