Why JD.com Stock Is Falling Today
Shares of JD.com (NASDAQ: JD), China's largest online retailer, were falling today as investors worry that the country's strict zero-COVID policy continues to keep large swaths of the population in lockdown.
The tech stock was down by 4.6% as of 11:33 a.m. ET on Thursday.
Investors are growing increasingly concerned that the Chinese government's policy of having as few COVID cases as possible by implementing strict lockdowns will cause an economic slowdown in the country, and potentially spur a recession.
Source Fool.com
