End of the rally? After four days of going up, JD.com down 0.39% today

Published: January 25 2023, 22:36 GMT+0

End of the rally? After four days of going up, JD.com down 0.39% today

Today at a glance: the Chinese e-commerce company has recovered almost all of its session losses after dipping down to $60.2 today.

  • Trading volume totalled 3.64 million which equates to around 49% of the stock's 21-day average today.

With traders awaiting session open in 15 hours, today's session was noteworthy in that Nasdaq closed at 11,300 after losing 0.18%. JD.com ended the day at $61.38, doing worse than the Consumer Cyclical sector which saw a 0.391% increase this session.

The Chinese e-commerce company now trading 68.09% above its 3-month low of $36.66. So far this year, it has been under-performing the Nasdaq by 1.46%. The company's market cap currently stands at $110.24 billion with an average daily trading volume of 7.41 million shares. JD.com expected revenue of $214 billion with an EPS of 52 cents.

On the other hand, positive performances could be seen by looking at other consumer discretionary stocks as Walt Disney traded at $108.12 after closing today's trading day at $106 (up 2%). McDonald's traded at $273 after closing today's trading day at $269.56 (up 1.28%). Amazon was up 0.89%.

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