Scalper1 News
China e-commerce giant JD.com is slated to price its initial public offering Wednesday evening and begin trading Thursday. JD.com is seeking to raise $1.6 billion by selling 93.7 million shares at 16 to 18 per share. Its business model is similar to that of Amazon.com (AMZN), selling an enormous range of goods that it delivers. The company will trade with the ticker JD on the Nasdaq. At the midpoint of the proposed range, JD.com would have a Scalper1 News
Scalper1 News