Shares of JD.com JD +10.84% rallied 15% Thursday morning to $21.92, as the Chinese online retailer began trading on the Nasdaq Stock Market under the ticker symbol "JD." The company on Wednesday priced its initial public offering for 93.7 million shares at $19, above its range of $16 to $18. JD.com opened at $21.75. JD.com is going public at a time of heightened interest in another Chinese Internet giant, Alibaba Group, which filed paper for its own U.S. IPO earlier this month.
Source: Marketwatch
Source: Marketwatch
