JD.com (JD) released its Q2 2019 earnings on Tuesday, August 13, before the markets opened. Those earnings were great, and as a result, the stock popped almost 13%. In this article, I will show that the great earnings are actually the first signs of a fundamental change in the company. And that change will be more profitable because of higher margins.
The stock price
For a while, JD.com stock has been trending up again, but it is still down a lot from its highs of January 2018: