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Investors betting against JD.com made $153 million after the company's CEO was accused of sexual misconduct (JD)

09/10/2018

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JD.com short sellers made $153 million after the company's CEO was detained in the US over a sexual-misconduct allegation. Shares dropped 14% last week.

Short sellers made $153 million in profits from the stock decline, which saw shares fall 14% last week.

in Minneapolis over Labor Day weekend, JD.com's stock dropped

Now read:

One of the most important startups in video games just lost its CFO — right after raising $145 million in new funds

Author: pulse Source: BusinessInsider

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