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JD.com Inc. (Nasdaq: JD) stock was up as much as 20% from its offer price on its first day of trading today (Thursday). Shares of JD reached a high of $22.80 shortly after 11:00 a.m.
JD.com stock jumped in early trading after the company priced its shares at $19 each, and raised nearly $1.8 billion. That was above the company's projected range of $16 to $18 per share.