JD Stock Surges 2.25% on $380M Volume Spike Ranks 273rd Amid U.S. Political Probes

On August 22, 2025, JD (NASDAQ: JD) traded higher by 2.25%, with a trading volume of $0.38 billion, representing a 143.85% increase from the previous day. The stock ranked 273rd in trading volume among listed companies on the day.

While no direct corporate or market-related news was reported for JD, broader political developments in the U.S. may have influenced investor sentiment. Federal agents conducted a search of former National Security Advisor John Bolton’s Maryland home and Washington office as part of an investigation into classified document handling. Vice President JD Vance denied allegations of political retribution, emphasizing the FBI’s focus on legal compliance. The probe resurfaced historical tensions between Bolton and the Trump administration, including past legal disputes over Bolton’s 2020 memoir, which initially sparked a DOJ investigation.

The trading volume surge for JD coincided with heightened market activity around U.S. political investigations. While no explicit link exists between the political developments and JD’s stock performance, the broader market context may have contributed to increased liquidity. The stock’s modest gain aligns with its typical volatility profile, with no material corporate announcements reported to drive the move.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 generated a total return of 31.52% over 365 days, with a 1-day average return of 0.98%. The approach achieved a Sharpe ratio of 0.79, indicating reasonable risk-adjusted returns, though it faced a maximum drawdown of -29.16% during market downturns.