Stock Alert: JD.com Shares Up 3%

Shares of JD.com Inc. (JD) are currently trading at $81.32, up $2.61 or 3.32%, with trading volume rising over 2.05 million versus an average volume of 11.4 million shares. The stock has been trading between $39.26 and $108.29 in the past one year.

As recently as on March 22, JD.com and Dada Group jointly announced that JD.com, through its subsidiary, entered into a share purchase agreement with Dada, under which JD.com has agreed to invest a total of $800 million in newly issued ordinary shares of Dada, at a per share price that equals to the closing trading price of Dada's ordinary shares on the Nasdaq Global Select Market on March 19, 2021.

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