JD Slumps After First Decline in Over A Decade JD. com's stock price plummeted 10% on Monday, wiping out billions of dollars in market value.
This sudden decline has sent shockwaves through the tech community and beyond. Global economic concerns are playing a significant role in JD. com's slump.
Trade tensions between the US and China have created uncertainty, with tariffs and counter tariffs affecting both countries' economies. Inflation in China is another factor contributing to the decline.