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Why JD.com Stock Dropped 10% This Week
JDJD(JD) 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 ...