Why JD.com Stock Hit Another 52-Week Low Today
Shares of JD.com (NASDAQ: JD), the Chinese e-commerce giant, continued to slide today as downbeat news on the Chinese economy was weighing on the stock once again. Additionally, one Wall Street analyst lowered its price target, reflecting ongoing negativity around the stock.
As of 12:03 p.m. ET, JD.com stock was down 4.9%.
Image source: Getty Images.
Source Fool.com
