Can JD.com Stock Bounce Back After Last Week's 12% Drop?
The recent sell-off at JD.com (NASDAQ: JD) continues. Shares of China's largest e-commerce company by revenue fell 11.8% last week, moving lower every single trading day after kicking off the week by posting its latest financials results.
JD.com stock was already drifting lower ahead of the second-quarter report. JD.com has closed lower for eight consecutive trading days, sliding nearly 17% in the process.
Investors aren't necessarily hurting. JD.com stock hit an all-time high earlier this month. The stock remains one of this year's biggest winners, soaring 58% so far in 2017 even with the recent slide. Long-term investors may be taking the hit in stride, especially since the results weren't too shabby.
Source: Fool.com
JD.com Inc. ADR Aktie
27,55 €
-4,00 %
Mit 29 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung ist JD.com Inc. ADR einer der Lieblinge unserere Community.
Für JD.com Inc. ADR sieht die Community ein Kursziel von 39 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 27.55 € bedeutet.
