Core Viewpoint - JD.com Inc's shares are declining despite a strong second-quarter earnings and revenue report, primarily due to rising costs associated with its new food delivery service overshadowing optimism from its acquisition of Ceconomy [1] Group 1: Stock Performance - JD.com shares fell 3.4% to $31.40, maintaining losses since April amid U.S.-China trade tensions [2] - Year-to-date, the stock is down 8% [2] Group 2: Options Trading Activity - Options traders are betting on a rebound, with activity at twice the usual intraday amount, including 71,000 calls and 23,000 puts exchanged [2] - The most active contracts are the August 33 and 32.50 calls, with new positions opening at the latter [2] Group 3: Analyst Sentiment - The call/put volume ratio for JD.com is 8.96, higher than 99% of readings from the past year, indicating strong bullish sentiment [3] - Of the 17 firms covering JD.com, 13 rate the stock as "buy" or better, while four recommend "hold" or worse [3]
Chinese E-Commerce Stock Slides Despite Earnings Surprise