JD.com (NASDAQ:JD; HKG:9618) trades close to 52-week low after 618 data, Daiwa trims target
JD.com, Inc. added 0.79% to close at $25.39 in New York on Friday. That’s the last print for the week, as Saturday trading is outside U.S. and Hong Kong cash hours. The rise barely dented losses, with JD’s ADS still off 7.91% over the past five sessions. The Nasdaq Composite slipped 0.24% Friday. JD dipped intraday to $24.55, stopping just short of its $24.51 52-week low. Buyers showed up toward the close. Volume hit 13.02 million shares, topping the 10.05 million average Google Finance tracks.