NASDAQ Composite opens in less than three hours and JD.com’s premarket value is already 2.88% down.
The last session, nASDAQ Composite ended with JD.com rising 3.23% to $85.46. NASDAQ Composite fell 0.29% to $12,771.10, following last session’s downward trend on what was a somewhat negative trend exchanging session.
JD.com’s last close was $82.79, 8.55% under its 52-week high of $92.77.
JD.com’s sales growth is 37% for the present quarter and 37% for the next. The company’s growth estimates for the present quarter and the next is 200% and 82.1%, respectively.