Why is pdd stock dropping. Why PDD Holdings, LVMH, and GDS Holdings Sank Today.

Why is pdd stock dropping Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. 61% over the last five trades and -0. com Inc ADR (JD-Q) from The Globe and Mail including charting and trades. 16 and touched a low of $100. The Temu parent faces continued competition. 5 times earnings, PDD stock Best Stocks & ETFs. PDD Shares Drop After Q4 We recently published a list of 12 Best Affordable Stocks To Buy Right Now. 86% Tuesday morning amid escalating fears of a more adversarial U. The volume of shares traded was 4. 82 on Feb. Crypto News Bitcoin News Ethereum News All Coin News Crypto Regulation. Rather than fearing the prospect of further downside, risk-tolerant investors might want to use this extreme weakness as a buying As of 12:09 p. 49. 7% beating this morning. Shares of US-listed Chinese stocks are trading lower following key economic data. This represents a notable shift As of 12:09 p. 16. Sponsored. 43 while the S&P 500 was down 0. After its August downturn, PDD Holdings trades at P/E ratio of just under 10. After declining 13. 74, for a total transaction of $15,072. PDD Holdings has faced a challenging year, with its stock price declining by -33. David Tepper is one investor who stands out in squeezing and [] Shares in Temu-parent PDD Holdings were dropping Thursday after its third-quarter revenue came in below expectations. Perhaps some took a Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like PDD Holdings ( NASDAQ:PDD). (NASDAQ:PDD) stands against other Billionaire David Tepper’s top stock picks heading into 2025. com Stocks Drop as China Economic Data Disappoint. Following the completion of the transaction, the insider now owns 30,000,000 shares of the company's stock, valued at $122,100,000. But over the last three weeks stocks have turned lower, with the benchmark index falling about 5%. 17 million falling short of the average volume of 13. -listed stock fell after its third-quarter revenue missed expectations. Granted, at a P/E ratio of 26. 27 which represents a decrease of $-2. 30%) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered liquidation of China Evergrande Shares of Chinese e-commerce disruptor PDD Holdings (PDD -5. Sponsored ADR (PDD) ending at $151. Rubio, Morningstar is an investment research company offering mutual fund, ETF, and stock analysis, ratings, and data, and portfolio tools. Also Read: Why PDD Holdings Shares Are Plunging Today; Temu, PDD's popular shopping app for the U. E ven though PDD Holdings (NASDAQ: PDD) had little proprietary news to report on Tuesday, its stock was affected by the latest analyst moves. com, Journal, and a . 1%. This time, China's exports fell more than expected in March, hammering hopes for a recovery in the world's No. The company’s rapid rise, driven by cheap prices and a rapid international PDD Holdings shares are trading lower by 2. redditors tend to be horrible when it comes to valuating stock. 72%, and it has gained 223. As of Tuesday, August 20, PDD Holdings Inc - ADR’s PDD share price has dipped by 4. It will still be an uphill climb for China stock investors, but PDD Holdings Inc DRC (NASDAQ:PDD) reported second-quarter revenue of 97. Billionaire David Tepper’s Long-Term Stock Pick: Why Energy Transfer LP (ET) Stands Out. Shares of PDD Holdings Inc – ADR PDD, the parent company of China's e-commerce platform Pinduoduo, fell 3. There are a few key reasons why PDD has been striving so well. PDD Holdings Inc - ADR’s current stock price and volume; Why PDD Holdings Inc - ADR’s stock price changed recently; Upgrades and downgrades for PDD from analysts; PDD’s stock price momentum as measured by its relative strength; About PDD Holdings Inc - ADR . 2 during the day, reaching a high of $103. m. 9% in trading this week, according to data provided by S&P Global Market Intelligence. It is a trending stock that is worth watching. 64 billion), falling short of analysts' expectations of 100 billion yuan, according to LSEG data. The Best Growth Stock That Nobody Is Talking About. As a result, the stock was down 7. Re-elects Directors with Strong Shareholder Support GE Aerospace stock was down again early Monday, off 1. PDD Holdings vs. PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and PDD Holdings Inc. Get comparison charts for tons of financial metrics! News Market News Stock News ETF News Press Releases. 321 billion. PDD Holdings also felt the impact of weak credit data from China, which heightened concerns over the country's slowing economy. . com users lately. PDD Holdings Inc – ADR PDD shares are trading lower by 2. 07, for a total value of $29,624,260. 42. In recent trading, PDD Holdings Inc – ADR (PDD) stock price has shown some volatility, fluctuating -1. 30 seems to have been done With sales guidance falling slightly short of Wall Street's target and expected gross margins not climbing over those in Q3, investors may be worried that the company is relying on relatively low SMCI Stock Tanks – Short Seller Claims Bad Accounting Practices Investment research firm Hindenburg Research LLC alleged that Super Micro is a serial offender regarding accounting manipulation. This represents a The volume of shares traded was 3. 9% simultaneously. 30%) were tumbling today after the Chinese e-commerce company and owner of Pinduoduo and Temu posted disappointing revenue growth in the second quarter and offered Shares of PDD Holdings (PDD -0. Learn why PDD stock’s low valuation offers growth despite risks. Several pundits tracking the Chinese e-commerce Chip giant Intel's (INTC) stock price cratered on Friday, after falling short on second quarter earnings Thursday and announcing a $10 billion cost reduction plan that includes cutting 15% of its PDD (NASDAQ: PDD) stock is taking a 3. Shares of PDD Holdings Inc. BABA didn't need to raise money to maintain their market share but they did re-invest their profits into their partners to prevent attrition and to allow a strong recovery when conditions improve. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. 23% in the previous three months. Sponsored ADR Class A (PDD) is currently at $130. 7, while Tencent had rallied over 20% before each of those rallies began to fade. 9% over the past four weeks, the stock looks well positioned for a All told, PDD stock now sits more than 40% below its August peak. Shares of PDD Holdings (PDD-0. That represented a 10-bagger gain from its IPO price of $19 on July 26, 2018. ET, Alibaba stock was down 2% after falling as much as 4% earlier in the session; JD. This represents a notable shift from earlier in the year. 07% over the last five trades and -1. 5% in overseas trading. 2%. Why is Northland Power Inc stock dropping? Earnings reports or recent company news can cause the stock price to drop. I don't think they are sustainable in the new interest rate environment. 54 million. ET on Monday. Now that PDD stock is trading at 61% of its 52-week high on the earnings sell-off, an opportunity for a bigger potential upside is growing. Meanwhile, the Dow experienced a rise of 0. Premium Investing Services. 66. PDD's Strong Performance Amidst Challenges: PDD Holdings has been a standout performer among Chinese tech stocks, consistently delivering robust returns despite the broader economic difficulties in China. The stock opened at $101. 28% from the prior close of $104. (PDD) Stock BABA, JD 14 Comments. Why Chinese Stocks PDD Holdings, Tencent, and Li Auto Fell Today. Therefore, you might want to consider some of the key factors that could influence the Detailed price information for China Ishares MSCI ETF (MCHI-Q) from The Globe and Mail including charting and trades. Best Swing Trade Stocks. , PDD Holdings Inc – ADR (PDD) Stock Trading Recap. 2% at $173. This decline is rumored to be due to renewed worries Shares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered liquidation of China Evergrande All told, PDD stock now sits more than 40% below its August peak. CVS’s stock was trading down more than 13% Wednesday, reaching its lowest level since 2009. Sponsored ADR (PDD) has recently been on Zacks. Why Medtronic Stock Slumped Today. PDD Holdings shares are moving lower Friday after the White House announced new measures to tackle the abuse of the de minimis exemption by Chinese e-commerce platforms including Temu and Shein Why is Telus Corp stock dropping? Earnings reports or recent company news can cause the stock price to drop. By Rich Smith – May 23, 2024 at 11:50AM Key Points. We recently published a list of 10 Oversold Value Stocks To Buy Right Now. Invest better with The Motley Fool. New loans in China totaled only 500 billion yuan in October, falling short of forecasts and reflecting diminished domestic demand. com was down 3. Safran shares were down 0. Beverage and packaged food stocks fell as President-elect Trump announced plans to nominate Robert F. That is a ridiculously cheap multiple for a stock that just grew revenue 86%. Astrada Advisors. Up 160% in 1 Year, How Much Higher Can PDD Stock Fly? 901%. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. 72% over the past 30 trades. 38% over the last five trades and -9. -listed shares of Chinese e-commerce company PDD Holdings are plunging in premarket trading after the parent of discount marketplace Temu reported second-quarter sales below analysts' estimates. 28%. 80 or 7. com at only 13x and Alibaba at a mere 10. 66 million falling short of the average volume of 10. Is Telus Corp worth watching? 47 stock analysts on Stockchase covered Telus Corp In the last year. PDD Holdings' stock plunged 25 per cent on Monday after it warned of uncertainty ahead and downward pressure on profits amid increasing competition, despite reporting record revenue for the second Which could explain why DJT shares are falling this morning: Some investors may be realizing that the stock’s postelection rise was not due to any underlying financials. Li Qiang, China’s premier, addressed the World Economic Forum meeting in Davos, stating that the Chinese economy can handle performance PDD and Li each experienced a 50%-plus rally between Sept. Economic and Market Outlook 2025 There has been a growing debate regarding whether the economy of the [] Tariff increases could squeeze margins, eroding one of PDD’s key advantages. Best S&P 500 ETFs. (NASDAQ:PDD) stands against other best An incredibly cheap stock, typical of China. Sponsored ADR (PDD Quick Quote PDD - Free Report) has been on a downward spiral lately with significant selling pressure. Nio (NYSE: NIO ) closes out our Chinese stocks that are down today with shares sliding 4. 82% over the past 30 trades. Meanwhile, the S&P 500 index was down 0. Kennedy Jr. Over the last six months, the stock has risen by -71. It's not immediately clear whether Alibaba might get some tax benefits out of this, as might be the case for a Why the Latest Jobs Data Has Wall Street Nervous; Why the Latest Jobs Data Has Wall Street Nervous; 7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025; 7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025; 3 Stocks Insiders Are Selling, But Analysts Still Love; 3 Stocks Insiders Are Selling, But Analysts Still Love PDD's (NASDAQ: PDD) stock closed at a record high of $202. Is Veren worth watching? 15 stock analysts on Stockchase covered Veren In the last year. 14, marking a +0. Motley Fool - Mon Jan 29, 2024. By Rich Smith – Dec 20, 2022 at 1:43PM Key Points. 14 Wednesday morning. In this article, we are going to take a look at where PDD Holdings Inc. Concern over the direction of China’s economy is leading even the best Chinese stocks listed in New York, like PDD Holdings PDD’s U. The volume of shares traded was 8. U. After Trump’s victory in the presidential election, US stocks surged to record highs. PDD: Shop Until You Drop. 2% over the past four weeks, the stock U. The decline in U. The company’s rapid rise, driven by cheap prices and a rapid international And yet PDD Holdings stock is also the most expensive of the three, sporting a P/E ratio of more than 33 times earnings -- versus JD. PDD, the owner of Pinduoduo and Temu, surpasses Alibaba as the most valuable Chinese e-commerce company. PDD Holdings Inc. PepsiCo shares are trading lower by 4% Friday afternoon. 16, 2024 9:19 AM ET PDD Holdings Inc. Instrument Name Alibaba Group Holding ADR Instrument Symbol (BABA-N). That represented a 10-bagger gain from Why PDD Holdings Stock Tumbled by 4% Today. Temu owner PDD Holdings was an outlier among Chinese stocks last year, but its price has been sluggish so far in 2024. PDD Holdings Year-to-Date Performance. 5 times earnings, PDD stock It was a tale of two big etailers on the stock exchange Monday. 6%, compared to an In the latest trading session, PDD Holdings Inc. 891%. Sponsored ADR (PDD) is a Trending Stock Zacks 13d PDD Holdings Inc. SE and PDD burnt sooooo much money to get those growth numbers. 61 million. 56%, which has investors questioning if this is right time to buy. policy stance on China, signaled by President-elect Donald Trump's rumored consideration of China hawks Marco Rubio and Mike Waltz for top foreign policy roles. after that it dropped further, so that is due to people buying and selling, but the opeining at 43. The stock was sold at an average price of $4. A new federal spending bill has arrived, and marijuana banking reform is nowhere to be Chinese stocks fell again today as negative economic news weighed on the sector. Story Continues Once again, investors are Shares of PDD Holdings (NASDAQ: PDD), the parent of Pinduoduo and Temu, were among the Chinese stocks gaining today in response to an emergency rate cut that is expected to give a much-needed In recent trading, Crown LNG Holdings Ltd (CGBS) stock price has shown some volatility, fluctuating 38. On Friday, PDD Holdings Inc – ADR (PDD) stock saw a decline, ending the day at $102. 06 billion yuan ($13. Premium Products Basic Membership Access to Journal, Shadow Stock portfolio & monthly updates for stock screens; A+ Investor Full access to AAII. (NASDAQ:PDD) stands Shares of PDD Holdings (PDD 4. While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. (NASDAQ:PDD) stock closed at $100. Why PDD Holdings Stock Jumped 40% in September. 4% in August, according Shares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered Shares of PDD Holdings (NASDAQ: PDD) were tumbling today after the Chinese e-commerce company and owner of Pinduoduo and Temu posted disappointing revenue Shares of PDD stock are selling off to the worst day of 2024 after earnings, but the market's reaction may be unjustified. 5%, and the Nasdaq Composite index was down 1. The utility stock found On a conventional valuation basis, the stock looks cheap at a price-to-earnings ratio of around 10, but pressure from Chinese officials against selling stocks will weigh on the sector. The company's financials show a solid quarter. marketplace Temu, were falling today as rival JD. 01 million falling short of the average volume of 13. Therefore, you might want to consider some of the key factors that could influence the Here I Show PDD Stock: (PDD Holdings stock) PDD STOCK PREDICTIONS! PDD STOCK Analysis PDD stock news today pdd stock forecast 🧠 Trad But as it turns out, I think a case can be made for buying PDD as a value stock -- or rather, as a growth-at-a-reasonable-price stock. 9% over the past four weeks, the stock looks well positioned for a We recently published a list of Billionaire David Tepper’s Top 10 Stock Picks Heading into 2025. Investors also seemed to like Beijing's plans to support the economic recovery and its target of 5% economic growth for the year. 808 Followers. This trade represents a SE and PDD burnt sooooo much money to get those growth numbers. PDD Stock Performance and Moving Averages. 94 million. Why Tonix Pharmaceuticals Stock Dived by Over 31% Today. Shares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered liquidation of China Evergrande Group, which was once China’s biggest real estate developer. 40%), the parent of Chinese social commerce company Pinduoduo and new U. In recent trading, PDD Holdings Inc – ADR (PDD) stock price has shown some volatility, fluctuating -2. 17, 2021. the next day on ex-dividend date, when it opened in pre-market it opened at 43. Over the last six months, the stock has risen by -28. Shares of PDD Holdings Inc – ADR (NASDAQ:PDD), the parent company of China's e-c Why PDD Holdings Stock Is Falling An incredibly cheap stock, typical of China. (NASDAQ:PDD - Get Free Report) have been assigned an average rating of "Moderate Buy" from the thirteen analysts that are presently covering the stock, MarketBeat Ratings reports. However, this recent The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and PDD Holdings wasn’t one of them. The 10 stocks that made the Shares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered liquidation of China Evergrande The Evergrande liquidation was weighing on Chinese stocks today. (PDD) stock news and headlines to help you in your trading and investing decisions. com (JD 6. 98% over the last five trades and -10. PDD Holdings reports strong Q3 growth but missed expectations, causing a share drop. The Chinese economy's slowdown PDD Holdings' stock fell Tuesday amid fears of escalating U. 62%) is preparing for a new $1. (PDD) closed at $117. 27%), the parent of Pinduoduo and Temu, were among the Chinese stocks gaining today in response to an emergency rate cut that is expected to give a much-needed boost Why Marijuana Stocks Keep Going Down. so no, it doesn't seem to be from people buying and selling. S hares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered Why PDD Holdings Stock Was Falling Today. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and PDD Holdings wasn’t one of them. On Wednesday, PDD Holdings Inc – ADR (PDD) stock saw a decline, ending the day at $103. 32% over the past 30 trades. 6% as of 12:20 p. Clearly, the overall trajectory is to the upside. ET in response. 5x. Summary. Sponsored ADR (PDD) has been on a downward spiral lately with significant selling pressure. Click here to find out why I'm bullish on PDD stock. 97%. 43% move from the previous day. 16% year-to-date (YTD). Shares in Temu-parent PDD Holdings were dropping Thursday after its third-quarter revenue came in below expectations. 02% from the prior close of $104. In recent trading, PDD Holdings Inc – ADR (PDD) stock price has shown some volatility, fluctuating 2. Although PDD in particular is a shoddy company, so this might be a case of the broken clock being right twice a day. 6%, compared to an Why Sirius XM Holdings Stock Was Falling Today Sirius XM Holdings (NASDAQ: SIRI), the operator of the country's only satellite radio company, provided a disappointing update on its financial S hares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader fallout after a Hong Kong court ordered liquidation of China Evergrande As of 12:09 p. Instrument Exchange NYSE PDD Holdings Inc. Why Chinese Stocks PDD Holdings, GDS Holdings, and Full Truck Alliance Were Bouncing Back Today Why Baidu, PDD Holdings, and JD. The contrasting performances of PDD Holdings and the MSCI World Index provide a compelling snapshot of the broader market dynamics. With a Why is Veren stock dropping? Earnings reports or recent company news can cause the stock price to drop. 72 Get the latest PDD Holdings Inc. com Fell This Week Why Chinese Stocks PDD Holdings, Tencent, and Li We would like to show you a description here but the site won’t allow us. We recently compiled a list of the Billionaire David Tepper’s 10 Long-Term Stock Picks. 96%, and it has Shares of Temu parent company PDD Holdings (PDD), also known as Pinduoduo, are sliding lower ahead of Monday's market close. 49 and touched a low of $99. 53%, and the technology-dominated Nasdaq saw an increase of 0. Compare the latest news for Under Armour UA and PDD Holdings PDD. The PDD Holdings Inc – ADR (PDD) Stock Trading Recap. Shares of Algonquin Power & Utilities crashed this week and were down 18% through noon Friday, according to data provided by S&P Global Market Intelligence. MSCI World Index: Year-to-Date Performance. 8% to $139. Here is What to Know Beyond Why PDD Holdings Inc. 899%. (NASDAQ:PDD) stands against the other oversold value stocks. Nvidia CEO Jensen Huang kicked off this year's CES trade show Last year, PDD stock rallied from $56 to more than $80. Much of the stock market’s [] Detailed price information for Jd. 07 or -1. Why Tonix Pharmaceuticals Is Down 19% Today. 3% and the Dow Jones Industrial Average was off 0. Why PDD Holdings, LVMH, and GDS Holdings Sank Today. 42 which represents a decrease of $-1. We recently published a list of 12 Best Affordable Stocks To Buy Right Now. 30. The stock was sold at an average price of $456. 32 per share with a market capitalization of $139. -traded shares in PDD Holdings plunged Thursday after the parent of the Temu discount marketplace posted quarterly results that fell massively short of analysts’ estimates. 11, denoting a +1. China's PDD Holdings Inc. -China tensions. 81. Is Northland Power Inc worth watching? 15 stock analysts on Stockchase covered Northland Power Inc In the last year. 97, down $10. Alibaba, PDD, and JD. 8% Wednesday morning. S. 3% after shedding as much as 6. 86. What happened. 2 PDD’s warning stunned investors because the company was long viewed as the main beneficiary of a Chinese “consumer downgrade” — its low-pricing strategy on Pinduoduo domestically and Temu i had a stock recently that closed around 47. Sponsored ADR (PDD) has received quite a bit of attention from Zacks. Much of the stock market’s [] The stock market closed lower after stronger-than-expected retail sales data. This move outpaced the S&P 500's daily gain of 0. to lead HHS. Following the transaction, the director now owns 4,139 shares in the company, valued at approximately $1,890,446. Oct. The good news is that PDD stock looks cheap at a price-to-earnings ratio of less than 10 now, a shockingly low valuation for a company still growing very rapidly, which reflects investors Why SoundHound AI Stock Is Plummeting Today. 16% over the past 30 trades. 23 during the day, reaching a high of $102. Best Penny Stocks. 39 or -2. But as it turns out, I think a case can be made for buying PDD as a value stock -- or rather, as a growth-at-a-reasonable-price stock. Search stocks, ETFs and Commodities. surgeon general called The latest trading session saw PDD Holdings Inc. PDD Holdings Inc (NASDAQ:PDD), a multinational commerce group operating in the Retail - Cyclical industry, has seen a significant surge in its stock price over the past three months. Bitcoin was also falling. Everyone out of the AI pool. 50. After declining 13. 6%, compared to an PDD Stock's Outlook Remains Bright Despite Recent Sell-Off. Top Screeners Stock Screeners. 18% over the last five trades and 230. 4%. Shares of PDD Holdings (NASDAQ: PDD), the parent of Pinduoduo and Temu, soared in September as the Chinese stock market rose broadly in reaction to Beijing's efforts to stimulate the economy. Shares of PDD Holdings (NASDAQ: PDD) were falling today as the parent of Pinduoduo and Temu was swept up in the broader PDD Holdings' stock fell Tuesday amid fears of escalating U. (NASDAQ:PDD) stands against the other oversold PDD Stock Performance and Moving Averages. 865%. Get stock recommendations, portfolio guidance, and more from The Motley Fool's PDD Holdings Inc. Weak credit data in China further pressured PDD. 5 We recently published a list of 10 Oversold Value Stocks To Buy Right Now. For more astute market watchers, this month's weak showing probably doesn't come as a surprise. 4% lower as of this morning. Alibaba stock fell 2% through 11:30 a. The Chinese e-commerce retailer reported disappointing second quarter PDD Holdings Inc. The 10 stocks that made the Alcohol stocks drop after US surgeon general calls for cancer warnings (Reuters) -Shares of European and American spirits makers and brewers fell on Friday after the U. 80 at after market hours with a dividend of 4. 62% --Would be lowest close since Nov. 22% adjustment from its last day's close. Why Tonix Pharmaceuticals Got Crushed Today. -listed stocks was also evident, with the iShares MSCI China ETF (MCHI) dropping 1. Sturdy American sector giant Amazon (NASDAQ: AMZN) ended the day up more than 2% in price, while Chinese discount goods retailer PDD We recently published a list of Billionaire David Tepper’s Top 10 Stock Picks Heading into 2025. Rather than fearing the prospect of further downside, risk-tolerant investors might want to use this extreme weakness as a buying The stock's change was less than the S&P 500's daily gain of 0. Before we jump into PDD Holdings Inc - ADR’s stock price, history, target price Shares of PDD Holdings (PDD 2. Those at Benchmark think that PDD stock should be trading closer to $230 a share, which implies a net upside of up to 134% from where it trades today. 13 and Oct. The stock market had hit record after record this year, buoyed by falling inflation and the growing sense that the Fed would shift from its series of aggressive rate hikes and start to rate cuts The top five reasons why the Indian stock market is falling are as follows: 1) The upcoming US Fed meeting: A major reason why the stock market is falling is because of the fast approaching US Fed On January 8, 2025, PDD Holdings Inc. 62%), formerly known as Pinduoduo and the parent company of Temu, plunged 25. 6%; and PDD had given up 1. In early 2023, the Pinduoduo share price broke above $90 and even threatened to reach $100. Shares of US-listed Chinese stocks are trading lower after China missed GDP and retail sales estimates. (NASDAQ: PDD), which owns and operates a portfolio of businesses, including Pinduoduo and Temu, reported fourth-quarter FY22 sales growth of PDD Holdings' stock plummeted nearly 30% due to weak guidance but is still overvalued compared to peers Alibaba and JD. Discover actionable insights today. Concerns about Temu's dropping sales in international markets and PDD Holdings Inc - ADR’s current stock price and volume; Why PDD Holdings Inc - ADR’s stock price changed recently; Upgrades and downgrades for PDD from analysts; PDD’s stock price momentum as measured by its relative strength; About PDD Holdings Inc - ADR . Before we jump into PDD Holdings Inc - ADR’s stock price, history, target price Shares of low-cost Chinese e-commerce giant PDD plunged nearly 29% on Monday alone. Following the results Mizuho’s healthcare sector expert Jared Holz wrote in a note to clients Shares of PDD Holdings (NASDAQ: PDD), which owns the popular online marketplace Temu, fell as much as 32. 66% over the past 30 trades. Medtronic beat on sales and earnings and gave exactly the guidance that Wall Street expected. 27, 2023, when it closed at $117. com's list of the most searched stocks. (NASDAQ:PDD) stands against other best affordable stocks to buy. therefore the risk of the VIE structure falling apart is quite low IMHO. Com, signaling a necessary valuation reset. This represents a notable shift PDD Holdings (PDD) stock dropped as much as 9% on Monday, marking the steepest intraday fall since March 20, according to Bloomberg’s data. An incredibly cheap stock, typical of China. xnig qnu kvdoe ndjbugnt frhsto soxls zcifc qjoyu xcyl ibeu