JDcom Stock Plummets 7.74% in Three-Day Slide as Investors Reevaluate Holdings
1min read On April 4, 2025, jd.com inc. (JD) experienced a significant drop in its stock price, closing at $36.07, down 7.74% from the previous day. This decline marks the third consecutive day of losses for the company, with a total decrease of 10.91% over the past three days. The stock reached an intraday low of $34.86 before recovering slightly.
Schroder Investment Management Group reduced its stake in JD.com by 1.4% in the fourth quarter, according to its latest filing. This reduction in holdings could be a factor contributing to the recent decline in the stock price.
Conversely, Ardmore Road Asset Management LP increased its holdings in JD.com by 88.6% during the same period. This significant increase in holdings by Ardmore Road Asset Management LP suggests a bullish outlook on the company's future prospects, despite the recent stock price decline.
Ask Aime: What factors drove JD.com's stock price drop and what are the implications for its future prospects?
