China Dangdang Well Off Highs For The Day (DANG)

E Commerce China Dangdang DANG was having a very good session, but has now given back most of its earlier gains. The shares had gained over 5% at one point, but have been falling in afternoon trade. Currently, DANG is up just 1.73% at $26.45. Goldman Sachs GS initiated the stock this morning with a Neutral rating and $24 price target, which has undoubtedly helped cap DANG's gains on Tuesday.