Why JD.com Stock Was Falling Today
Shares JD.com (NASDAQ: JD) were pulling back today as Chinese stocks swung lower on several news items. JD also announced new financing for its logistics division, but the sell-off seemed to have more to do with broader news on China.
As of 11:55 a.m. ET on Thursday, the stock was down 6.2%.
A JD.com worker next to a JD Logistics vehicle. Image source: JD.com.
Source Fool.com
