Why JD.com Stock Was Climbing Today

Shares of JD.com (NASDAQ: JD) were moving higher Monday after the Chinese e-commerce giant topped estimates in its second-quarter earnings report. As China rebounded from the pandemic, the company saw strong demand in areas like grocery and general merchandise, which drove its better-than-expected results.

As of 3:45 p.m. EDT, the stock was up 7.5%.

Image source: JD.com

Source Fool.com