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2025-05-17 05:05:56

Layer3.news on Nostr: finance.yahoo.com WHY JD.COM STOCK SLUMPED ON THURSDAY -- ✍️ An analyst reduced ...


WHY JD.COM STOCK SLUMPED ON THURSDAY

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✍️ An analyst reduced his price target on JD.com, citing concerns about the Chinese economy, despite the company's strong first-quarter performance.
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👉 Analyst Shyam Patil reduced his price target on JD.com by 10% to $40 per share
👉 Patil cited concerns about the Chinese economy's impact on the company's growth
👉 JD.com posted strong first-quarter performance, including year-over-year growth and beats on consensus estimates
👉 Patil maintained his neutral recommendation on the stock

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#ShyamPatil #EricVolkman #China #business
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https://finance.yahoo.com/news/why-jd-com-stock-slumped-222916925.html

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