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Why JD.com Stock Dropped 10% This Week
The Motley Fool· 2024-01-19 23:34
Shares of JD.com (JD 1.23%) fell 9.8% this week, according to data provided by S&P Global Market Intelligence, as analysts mulled the implications of worrisome economic data coming out of China for the Chinese e-commerce leader.On China's GDP growth, potential headwinds for JDOn Wednesday, China's National Bureau of Statistics announced the country's economy grew by 5.2% year over year in the period from October to December, falling slightly short of expectations for 5.3%. The mainland Chinese CSI 300 index ...
Why JD.com Stock Hit Another 52-Week Low Today
The Motley Fool· 2024-01-17 17:50
Shares of JD.com (JD -5.51%), 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%. China concerns keep growingThe world's No. 2 economy officially reported that gross domestic product (GDP) grew 5.2% in 2023, and slowed to 4.1% in the fourth quarter. While those numbers r ...
1 Fantastic Growth Stock Down 76% Investors Can Buy Hand Over Fist in 2024
The Motley Fool· 2024-01-16 21:12
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JD.com. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Why JD.com Stock Plunged 49% Last Year
The Motley Fool· 2024-01-11 21:52
Shares of JD.com (JD 0.43%) tumbled in 2023 as the Chinese e-commerce company continued to report disappointing results and sluggish growth, and China's economic recovery also came up short.According to data from S&P Global Market Intelligence, the stock finished last year down 49%. As the chart below shows, most of the sell-off came early in the year, though the stock finished 2023 near its low point as investor sentiment on the stock has taken a dive. JD.com goes from bad to worseLike other Chinese tech s ...
Is It Worth Investing in JD.com, Inc. (JD) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-01-11 15:32
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about JD.com, Inc. (JD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JD.com, Inc. currently has an average brokerage recommendatio ...
Why JD.com Stock Started Off 2024 on a Down Note
The Motley Fool· 2024-01-02 17:21
After a rough 2023, JD.com (JD -5.85%) investors were likely looking forward to turning the calendar, but a new year didn't give a new start to the stock. Shares of the Chinese e-commerce company fell sharply on the first trading day of 2024 as comments from President Xi Jinping and weak economic data combined to sink China stocks on Tuesday.JD shares finished the session down 5.9%. The Nasdaq Golden Dragon Index, which holds a basket of mostly Chinese tech stocks, was down 3.5%, showing it was a wipeout ac ...
JD.com: One Of The Worst Performing Stocks In 2023 Is A Good Investment
Seeking Alpha· 2024-01-02 02:33
FangXiaNuo Usually at the end of the year or beginning of a new year the stock market is reviewed and one piece of information that is getting a lot of attention are the different lists with the best and worst performing stocks. And one company having a prominent spot on many of these lists is JD.com, Inc. (NASDAQ:JD) as its stock lost almost 49% in 2023. JD is not listed in the S&P 500 (SPY), but if it would be listed it would be almost the worst performing stock listed in the index. Data by YCharts An ...
Why JD.com Stock Jumped Today
The Motley Fool· 2023-12-28 16:14
Shares of JD.com (JD 2.74%) jumped as much as 5.2% early Thursday then settled to trade up 2.8% as of 3:45 p.m. ET after the Chinese e-commerce giant revealed it's planning sweeping raises for its front-line staff next year.In a post to its official WeChat account this morning, JD.com said it will nearly double the fixed salaries for its procurement, sales, and other front-line staff beginning Jan. 1, 2024. JD.com also said its retail staff will receive 20%+ pay increases.A vote of confidence from JD.comThe ...
JD(JD) - 2023 Q3 - Earnings Call Transcript
2023-11-15 16:07
JD.com, Inc. (NASDAQ:JD) Q3 2023 Earnings Conference Call November 15, 2023 7:00 AM ET Company Participants Sean Zhang - Director of Investor Relations Sandy Xu - Chief Executive Officer Ian Shan - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies Ronald Keung - Goldman Sachs Charlene Liu - HSBC Kenneth Fong - UBS Securities Asia Ltd. Operator Hello, and thank you for standing by for JD.com's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a lis ...
JD(JD) - 2023 Q3 - Earnings Call Presentation
2023-11-15 12:33
JD.com, Inc. 23Q3 Financial and Operational Highlights Disclaimer The following document has been prepared by JD.com, Inc. (“JD” or the “Company”) solely for informational purposes and shouldnot be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment or trading strategy, nor shall any part of it form the basis of, or be ...