Why JD.com Stock Has More Than Doubled in 2020
2020 has been a challenging year for U.S.-listed Chinese stocks amid the COVID-19 outbreak, ongoing trade war, and the threat to delist Chinese companies from U.S. exchanges. Still, all these issues have not stopped JD.com (NASDAQ: JD), a leading e-commerce company in China, from delivering a market-beating 131% jump in its stock price so far in 2020.
Though many factors could have contributed to the stock price performance, two stood out.
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Source Fool.com
