JD. com dropped 9% in after hours trading amid a report that...
JD. com dropped 9% in after hours trading amid a report that $Walmart (WMT.US)$ is seeking to sell a block of 144.5 million shares.
Walmart is offering to sell shares of $JD-SW (09618.HK)$ at $24.85-$25.85 a share, according to a Bloomberg report on Tuesday. A sale would raise $3.74 billion at the top end of the range.
Walmart is offering to sell shares of $JD-SW (09618.HK)$ at $24.85-$25.85 a share, according to a Bloomberg report on Tuesday. A sale would raise $3.74 billion at the top end of the range.
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