China GDP Came in Better Than Expected. Why Alibaba and Other Stocks Are Still Slipping.
There are signs the government's stimulus measures are starting to work but JD.com and Alibaba ADRs were falling in early trading.
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There are signs the government's stimulus measures are starting to work but JD.com and Alibaba ADRs were falling in early trading.
Asia started the week with a thud on light volumes as the US dollar strengthened overnight, and Middle East tensions weighed on risk sentiment.
Key Insights Significantly high institutional ownership implies JD.com's stock price is sensitive to their trading...
JD.com, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China's main online shopping festival, Singles' Day.
Shares of JD.com, Inc. (NASDAQ:JD – Get Free Report) reached a new 52-week low during trading on Friday after Citigroup lowered their price target on the stock from $64.00 to $43.00. Citigroup currently has a buy rating on the stock. JD.com traded as low as $26.36 and last traded at $27.02, with a volume of […]