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Shares of China’s largest direct sales website by transaction volume, JD.com (JD), rose Thursday as Oppenheimer began coverage with an outperform, or buy, rating and a price target of 35. JD.com stock rose 5.1% to 27.70 on the stock market today, rebounding after five days of declines. JD.com stock hit its high of 31.22 on July 1, after several analysts initiated coverage on the company following the expiration of its post-IPO quiet period. Among Scalper1 News
Scalper1 News