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JD.Com Stock Fell 4.8% on November 16

JD.Com Stock Fell 4.8% on November 16

The stock of Chinese (FXI) Internet giant JD.com (JD) fell 4.8% on November 16. The stock closed trading at $23.05, which is 55% below its 52-week high of $50.68. JD.com has lost approximately $34 billion in market value this year. JD.com stock has now declined 2% in November 2018, 12% since October 2018, and 44% since the start of 2018.