Why JD.Com Shares Are Falling During Tuesday's Session
Portfolio Pulse from Henry Khederian
JD.Com shares are trading lower by 3.79% due to concerns arising from a COVID-19 outbreak in China and ongoing apprehensions regarding China's economic recovery. COVID infections in China could reach 65 million cases per week by the end of June.
May 30, 2023 | 7:20 pm
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JD.Com shares are down 3.79% due to concerns over a COVID-19 outbreak in China and its economic recovery, potentially impacting revenues.
The article states that JD.Com shares are trading lower due to concerns arising from a COVID-19 outbreak in China and ongoing apprehensions regarding China's economic recovery. This could potentially impact the company's revenues and stock price in the short term.
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