JD.com sinks after getting its most bearish target on Wall Street (JD)

JD.com shares dropped more than 5% Monday after Morgan Stanley slashed its price target.
CEO Liu Qiangdong was briefly detained in the US over Labor Day weekend due to a rape allegation. He denied any wrong doing and has returned to China.
Liu will no longer attend a state-run artificial intelligence forum in Shanghai this week, Reuters says.
Watch JD.com stock price in real time here.JD.com dropped more than 5% Monday after Morgan Stanley slashed its price target to $25