JD.com stock is lower after Walmart confirmed it was selling its stake in the companyJD.com Inc (NASDAQ:JD) stock is sliding today, after Walmart (WMT) confirmed it was selling its stake in the China-based e-commerce giant to focus on other things such as China operations for Walmart China and Sam’s Club. At last look, JD was down 7% at $26.23, earlier as low as $25.85. So far this week, JD has already mostly erased last week's 13.2% pop, which was its largest weekly rally since April. Back below all notabl ...