JD Stock Alert: The $3 Billion Reason JD.com Shares Are Climbing Today

JD.com (NASDAQ:JD) is trending on social media and financial news websites, while JD stock is rallying over 15% today. The shares are jumping after the Chinese e-commerce firm delivered better-than-expected fourth-quarter results and announced a $3 billion stock buyback program.JD’s Q4 Results and Stock Buyback ProgramJD’s Q4 earnings per share last quarter, excluding certain items, came in at 75 cents or 5.3 Chinese yuan, up from 4.81 Chinese yuan during the same period a year earlier. Analysts, on average ...