JD - Why JD.Com Stock Hit A New 52-Week Low Today | Benzinga
JD.Com Inc (NASDAQ: JD) shares are trading lower by 2.2% to $29.73 Monday afternoon. Shares of several Chinese stocks are trading lower amid concerns over the country's property sector following reports suggesting China Evergrande said it's unable to issue new debt due to an ongoing investigation into its Hengda Real Estate subsidiary.
Economic uncertainty and concerns about the property market can lead consumers to cut back on discretionary spending, including ...