JD Stock Recent News

Currys PLC (LON: CURY) is in the red today after JD.com said it does not plan on making an offer to acquire the electrical retail company. Currys rejected Elliott proposals Speculation that the British company will attract bids first started earlier this week when Elliott Investment Management rolled back on plans of buying Currys.

Currys PLC (LSE:CURY) shares have slipped 4.5% lower after it was Chinese tech giant JD.com revealed it would not be making a bid for the electronics retailer.  Over recent weeks, representatives of JD.com had spoken with the FTSE 250 company's board but a formal offer was never made.

British electrical retailer Currys experienced more rejection Friday.

Chinese online retailer JD.com said on Friday that it would not make an offer for British electricals group Currys , days after U.S. investor Elliott Advisors walked away from tabling a bid.

Stocks with moonshot potential are drawing attention amidst the current bullishness in the stock market. Despite the latest inflation reports pointing to a potential delay in the Federal Reserve's interest-rate cuts, the investing sentiment remains optimistic.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Although the pundit was impressed by the e-commerce giant's fourth quarter results, she only raised her price target by $1. The business might not grow sufficiently in the short- to medium-term to reach the new level.

Investors looking for stocks in the Internet - Commerce sector might want to consider either JD.com, Inc. (JD) or MercadoLibre (MELI). But which of these two stocks is more attractive to value investors?

The consensus price target hints at a 43.7% upside potential for JD.com, Inc. (JD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.