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Alibaba and JD.com Thrive as Strong Performing Stocks

On Monday, shares of Alibaba (BABA) +2.44% and JD.com (JD) +4.68% advanced, although the price action did not appear to be driven by sales statistics from the much-observed annual Singles Day event. In premarket trading in the United States, shares of e-commerce competitor JD.com (JD) gained 3.5%, outperforming futures tracking the S&P 500 (SPX) –0.00% […]