JD.com shares plunge as Walmart exits partnership, sells stake

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JD.com (JD) shares are tumbling in pre-market trading after Walmart (WMT) decided to offload all of its shares in the Chinese e-commerce company. This move marks the end of an eight-year partnership between the two retail giants.

Morning Brief co-hosts Seana Smith and Brad Smith break down the details, discussing how Walmart may reinvest this extra capital into improving it's own operations.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith

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