Why JD.com Stock Was Gaining Today
Shares of JD.com (NASDAQ: JD) were on the move today, gaining after the company announced a proposed spinoff of its JD Logistics division through a separate listing in Hong Kong.
As of 11:26 a.m. EST on Tuesday, the stock was up 5.1% on the news.
A JD delivery robot. Image source: JD.com.
Source Fool.com
