JD.com Shares Continue Downward Trend

Shares of Chinese e-commerce company JD.com (JD) are down 3 percent on Tuesday's trading even though there was no company news. The stock has been on a downward spiral since the first week of March.

JD.com will announce its fourth quarter and full year 2021 results on March 10 before the US markets open. On average, 18 analysts polled by Thomson Reuters expect the company to post earnings of $0.24 per share on revenues of $43.36 billion for the fourth quarter.

Currently at $58.29, the stock has traded between $56.41 and $94.40 during the past 52 weeks.

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