Why JD.com Stock Fell Today

Shares of JD.com (JD -4.09%) fell 4.1% on Tuesday, following reports that the Chinese e-commerce leader is mulling whether to make a bid to acquire British electronics retailer Currys. The move would spark a potential bidding war with U.S.-based activist investor Elliott Advisors.Is a bidding war brewing for Currys?On Saturday, Currys rejected an initial $883 million acquisition offer from Elliott Management, arguing the potential cash offer "significantly undervalued" the company. Currys operates around 30 ...