Vipshop (VIPS), Farfetch (FTCH), ViacomCBS (VIAC) Decline Post-Market Amid Chatter of Large Block Trades by Credit Suisse

April 5, 2021 5:06 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

(Updated - April 5, 2021 5:12 PM EDT)

(Updated - April 5, 2021 5:10 PM EDT)

Vipshop (NYSE: VIPS), Farfetch Limited (NYSE: FTCH), ViacomCBS (NASDAQ: VIAC) declined post-market Monday amid chatter of block trades by Credit Suisse (NYSE: CS).

Credit Suisse previously announced a loss tie to the Archegos debacle but the exact amount of the loss still isn't clear.

Bloomberg sources confirmed the blocks were offered by Credit Suisse.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Rumors, Trader Talk

Related Entities

Credit Suisse