JD HEALTH's stock plummeted 5.00% during intraday trading on Friday, marking a significant pullback in the session.
The decline follows two consecutive sessions of gains totaling over 12% that were triggered by the company's strong first-quarter results and a major share buyback announcement. The recent rally appears to have prompted profit-taking among investors.
Additionally, the stock faced pressure from broad-based weakness across the Internet and Direct Marketing Retail sector, with several major peers also trading lower during the session.