JD.com (JD) shares fell as much as 2.7% in intraday trading Tuesday after Arete downgraded the e-commerce platform to neutral from buy and cut its price target to $32 from $41.
Trading volume stood at over 4.7 million shares compared with a daily average of about 15.4 million shares.
Price: 29.65, Change: -0.27, Percent Change: -0.90