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JD.com Loses Hedge Fund Support
One big hedge fund holder doubled down on the troubled company, but others bailed, and short sellers are betting on more pain.
Is JD.com finally bottoming out?This is the big question surrounding the Chinese e-commerce giant after its stock more than halved since late January.Investors are mindful that many questions have been raised about the one-time high-flier over slower growth, profitability, competition from rival Alibaba Group Holding, and the September arrest of
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