JD.com shares are trading lower after the company published interim Q1 results and announced a proposed offering of $1.5 billion convertible senior notes.
Portfolio Pulse from Benzinga Newsdesk
JD.com shares are trading lower following the release of interim Q1 results and the announcement of a proposed $1.5 billion convertible senior notes offering.
May 21, 2024 | 10:35 am
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JD.com shares are trading lower after the company released interim Q1 results and announced a proposed offering of $1.5 billion in convertible senior notes.
The decline in JD.com's share price is likely due to investor concerns over the interim Q1 results and the potential dilution from the $1.5 billion convertible senior notes offering.
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