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PDD / PDD stock drops toward 4-month low after profit, revenue rise less than forecast

PDD stock drops toward 4-month low after profit, revenue rise less than forecast
The U.S.-listed shares of PDD Holdings Inc. PDD, -2.73% tumbled 13.6% toward a four-month low in premarket trading Monday, after the China-based mobile marketplace reported fourth-quarter profit and revenue that rose less than expected. Net income rose to RMB9.45 billion ($1.37 billion), or RMB6.52 per American depositary shares (ADS), from RMB6.62 billion, or RMB4.66 per ADS, in the year-ago period. Read More
Posted: Mar 20 2023, 06:50
Author Name: Market Watch
Views: 110740

PDD News  

1 Growth Stock Down Nearly 50% to Buy Now

By The Motley Fool
November 2, 2023

1 Growth Stock Down Nearly 50% to Buy Now

Pinduoduo is one of the fastest-growing e-commerce sites in China. And its growth will likely even accelerate further this year. more_horizontal

PDD Holdings Inc. (PDD) Exceeds Market Returns: Some Facts to Consider

By Zacks Investment Research
November 1, 2023

PDD Holdings Inc. (PDD) Exceeds Market Returns: Some Facts to Consider

PDD Holdings Inc. (PDD) concluded the recent trading session at $102.93, signifying a +1.49% move from its prior day's close. more_horizontal

Tech Giants on Sale: 3 Overlooked Stocks Poised for a Massive Rebound

By InvestorPlace
October 25, 2023

Tech Giants on Sale: 3 Overlooked Stocks Poised for a Massive Rebound

In a tech landscape characterized by constant innovation and shifting dynamics, the success of major companies depends on their adaptability and globa more_horizontal

PDD Holdings Inc. (PDD) Rises As Market Takes a Dip: Key Facts

By Zacks Investment Research
October 23, 2023

PDD Holdings Inc. (PDD) Rises As Market Takes a Dip: Key Facts

PDD Holdings Inc. (PDD) reachead $104.19 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close. more_horizontal

PDD Holdings Inc. (PDD) Stock Declines While Market Improves: Some Information for Investors

By Zacks Investment Research
October 16, 2023

PDD Holdings Inc. (PDD) Stock Declines While Market Improves: Some Information for Investors

The latest trading day saw PDD Holdings Inc. (PDD) settling at $105.32, representing a -0.74% change from its previous close. more_horizontal

Why Has Pinduoduo's Stock Doubled in the Last 12 Months?

By The Motley Fool
October 14, 2023

Why Has Pinduoduo's Stock Doubled in the Last 12 Months?

The Chinese e-commerce site has executed well in the last few quarters. Its newer Temu site is quickly gaining traction in overseas markets. more_horizontal

PDD Holdings Inc. (PDD) Surpasses Market Returns: Some Facts Worth Knowing

By Zacks Investment Research
October 9, 2023

PDD Holdings Inc. (PDD) Surpasses Market Returns: Some Facts Worth Knowing

PDD Holdings Inc. (PDD) concluded the recent trading session at $106.96, signifying a +1.25% move from its prior day's close. more_horizontal

Breakout Alert: PDD's Impressive Surge Continues

By MarketBeat
October 9, 2023

Breakout Alert: PDD's Impressive Surge Continues

The stock, which has been on an impressive three-month run since reporting earnings, up over 55%, now boasts a $139 billion market capitalization and more_horizontal


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