Why JD.com Stock Is Rising Today

Shares of Chinese e-commerce company JD.com (NASDAQ: JD) were up today after the company reported better-than-expected first-quarter results. Investors were happy that JD.com beat analysts' consensus top- and bottom-line estimates.

The tech stock was up by 2.7% at 11:26 a.m. ET. 

The company reported non-GAAP (adjusted) earnings per share of $0.40 in the quarter, which was far better than Wall Street's average estimate of $0.24 per share. 

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Source Fool.com