Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why JD.com Stock Rose 26% in May

TheMotleyFool

0 0

Shares of JD.com (NASDAQ: JD) were moving higher last month as the Chinese e-commerce operator gained even as Chinese stocks faced a delisting threat from the federal government and as it posted a strong first-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished the month 26% higher.

As you can see from the chart below, the stock had its biggest gains in the middle of the month as it got an analyst upgrade and delivered better-than-expected first-quarter results.