📣JD shares finally rebound after 3-day drop on share buyback announcement
❗JD shares are enjoying some reprieve this morning with a 2.9% rebound as of 930AM, after the company outlined plans yesterday to repurchase stock from September through to August 2027. Its American depositary shares, down 8.2% this year, climbed more than 4% after trading opened in New York overnight.
🛒JD’s latest stock buyback plan emerged a week after Walmart Inc. announced it had sold its stake in the e-commerce firm, and a day after Chinese tech share PDD Holdings publicised a gloomy outlook, stoking concerns about the outlook for consumer spending in China
📈On JD's +2.9% climb, which has since eased to +1.5% gains as of 10AM, Macquarie trending call warrant (https://warrants.com.sg/tools/livematrix/RYOW) rose as much as 21.1% to SGD 0.023 this morning while trending JD put warrant (https://warrants.com.sg/tools/livematrix/MGCW) fell 13.3% to SGD 0.039.
🔧Investors keen to take a view on JD shares may wish to do so via JD warrants that will move between 5 to 7 times more than JD shares whilst costing a fraction of its share price. You can execute these warrants via your Moomoo platform rightaway by clicking on the warrants below.
Trending JD call: $JD MB eCW250103 (RYOW.SG)$
Trending JD put: $JD MB ePW241203 (MGCW.SG)$
🛒JD’s latest stock buyback plan emerged a week after Walmart Inc. announced it had sold its stake in the e-commerce firm, and a day after Chinese tech share PDD Holdings publicised a gloomy outlook, stoking concerns about the outlook for consumer spending in China
📈On JD's +2.9% climb, which has since eased to +1.5% gains as of 10AM, Macquarie trending call warrant (https://warrants.com.sg/tools/livematrix/RYOW) rose as much as 21.1% to SGD 0.023 this morning while trending JD put warrant (https://warrants.com.sg/tools/livematrix/MGCW) fell 13.3% to SGD 0.039.
🔧Investors keen to take a view on JD shares may wish to do so via JD warrants that will move between 5 to 7 times more than JD shares whilst costing a fraction of its share price. You can execute these warrants via your Moomoo platform rightaway by clicking on the warrants below.
Trending JD call: $JD MB eCW250103 (RYOW.SG)$
Trending JD put: $JD MB ePW241203 (MGCW.SG)$
![📣JD shares finally rebound after 3-day drop on share buyback announcement](https://ussnsimg.moomoo.com/sns_client_feed/80001371/20240828/1724812583346-0430e1fb3d.jpeg/big?area=100&is_public=true)
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