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JD.com Tanks, Taiex Index Slides, Asics Rises

JD.com Tanks, Taiex Index Slides, Asics Rises

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From the album Stock Movers

Description

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- JD.com shares fell as much as 10% after the online retailer posted its first quarterly revenue decline since listing in 2014, in the latest sign of waning Chinese consumer sentiment.- The Taiex Index fell 0.5% in Taipei, after an advance of 89% in the past year driven by stocks related to the semiconductor and AI server boom. - Asics shares rise as much as 11%, the most since February, after the Japanese footwear company boosted its operating income guidance for the full year which beat the average analyst estimate.See omnystudio.com/listener for privacy information.

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