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JD.com Surges to 146th in Trading Volume with $599 Million Turnover
Generated by AI AgentAinvest Volume Radar
Thursday, May 29, 2025 8:00 pm ET1min read
On May 29, 2025,
.com, Inc. (JD) saw a significant increase in trading volume, with a total turnover of $599 million, marking a 43.33% rise from the previous day. This surge placed JD at the 146th position in terms of trading volume for the day. The stock price of JD also rose by 4.31%.JD.com Inc reported a strong 16% increase in revenue and a 43% rise in non-GAAP net profit. Despite facing challenges in the competitive food delivery market, the company's financial performance has been robust.
JPMorgan Chase & Co. adjusted its target price for JD.com shares, lowering it from $48.00 to $42.00, while maintaining an "overweight" rating for the company. This adjustment reflects the bank's assessment of the company's current market position and future prospects.
JD.com is scheduled to hold its Annual General Meeting on June 20, 2025. This event will provide shareholders with an opportunity to discuss the company's performance and future strategies.
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