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RUHN - Ruhnn Holding Weathers Twin China Challenges
Ruhnn Holding Limited
Quick Take
Ruhnn Holdings (RUHN) went public in the U.S. on April 4, 2019.
The firm provides e-commerce services to brands in Asia by connecting them with key opinion leaders.
RUHN has performed admirably despite the external shock of China’s coronavirus outbreak and management’s plans to expand its system to other major platforms bodes well for potential stock upside in future quarters.
I’m Bullish on RUHN at its current level of around $7.25.
Company
Hangzhou, China-based Ruhnn was founded to assist companies in finding and managing product ambassadors, or key opinion leaders [KOLs]