Why JD.com Stock Fell 21% This Week

Shares of JD.com (NASDAQ: JD), China's second-largest online retailer, plummeted this week after the company reported its fourth-quarter results and as investors processed news about some China-based companies potentially being delisted from U.S. stock exchanges. 

The tech stock is down by 21% since last week, according to data provided by S&P Global Market Intelligence.

JD.com reported non-GAAP (adjusted) earnings of $0.35 per share, which easily outpaced Wall Street's consensus estimate of $0.24 per share. Additionally, the company's fourth-quarter sales of $43.3 billion were on par with analysts' consensus estimate. 

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Source Fool.com