Chinese online retailer JD.com Inc.’s initial public offering priced above expectations Wednesday, even as investors continue to nurse their wounds from a selloff in high-octane technology stocks.
“The fickle pricing environment just means additional scrutiny from investors. Depending on how good your company is, scrutiny can be bad or scrutiny can be good,” said Rett Wallace, co-founder Triton Research LLC, which analyzes startup companies.
