And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies pdd stock price on content and your personal data. Am extremely selective in picking stocks and $PDD can be a potential mover.

Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection DotBig of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.

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Intraday Data provided by FACTSET and subject to terms of use. https://dotbig.com/ Historical and current end-of-day data provided by FACTSET.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 11 https://stock-maks.com/forex/ Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDD shares. Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People’s Republic of China.

Pdd News

Beyond Meat Inc. began selling plant-based pork patties in China on the company’s Tmall store on Tuesday. Available in classic and spicy flavors, https://alfaforex.ru/economic-calendar/ this is the second plant-based pork product Beyond Meat has launched in Chi… Other market data may be delayed by 15 minutes or more.

• The positive contribution in the "Meaning & joy" impact category is mostly driven by its "E-commerce video software", "E-commerce search software", and "E-commerce platform software" products.
• The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.
• This is an increase of 175% compared to the previous 30 days.
• Pinduoduo seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Jobs".
• 48 people have searched for PDD on MarketBeat in the last 30 days.

Sign up for a Robinhood brokerage account to buy or sell Pinduoduo stock and options commission-free. Robinhood gives you the tools you need to put your money in motion. You can buy or sell Pinduoduo and other ETFs, options, and stocks. The information and publications https://dotbig.com/ are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. For just the second time in 40 years, bonds and stocks both posted losses for two consecutive quarters.

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The unusual structure of the Chinese market means the answer depends on where you’re https://dotbig.com/markets/stocks/PDD/ investing. Chinese stocks, including Alibaba, have staged a big rebound.

China Adss Are Flying As Fading Regulatory Headwinds Send Iqiyi, Nio And Alibaba Stocks Surging

PDD aims to offer good value across a wide range of categories and price points. To increase average revenue per DotBig user, PDD uses subsidies to induce consumers to make purchases in categories they haven’t purchased in before.

Thats great money while the rest of you watch all your favorite plays collapse. The Chinese government has been implementing supportive economic and policy measures. The Dow Jones Industrial Average and S&P 500 reversed higher after battling back from sharp losses. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. One share of pdd stock price today can currently be purchased for approximately $65.67.

Raised $1.5 billion in an initial public offering on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $16.00-$19.00 per share. Credit Suisse, Goldman Sachs and CICC acted as the underwriters DotBig for the IPO and China Renaissance was co-manager. Pinduoduo has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

If this is broken, then the next support from accumulated volume will be at $57.57 and $54.70. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns https://dotbig.com/markets/stocks/PDD/ on average, according to our 10 year backtest. The U.S.-listed shares of China-based companies enjoyed a broad rally Wednesday, after China regulators released , another sign of easing of the regulatory crackdown on the country’s technology sector. View our full suite of financial calendars and market data tables, all for free.