Pinduoduo Inc PDD Stock Price, News & Info The Motley Fool
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Pinduoduo Inc PDD Stock Price, News & Info The Motley Fool

Pinduoduo Inc PDD Stock Price, News & Info The Motley Fool

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  • The P/E ratio of Pinduoduo is 29.06, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.68.
  • According to analysts’ consensus price target of $76.27, Pinduoduo has a forecasted upside of 23.2% from its current price of $61.89.
  • For further information about SIPC insurance coverage for accounts with Moomoo Financial Inc., see or request an explanatory brochure from Moomoo Financial Inc.
  • Active buyers reached 882M, adding 13M q/q, improving from +1M in 4Q, with MAUs also growing 18M q/q to 751M, after decreasing 8M in 4Q.

Pinduoduo Inc. provides an e-commerce platform allowing users to participate in group buying deals, primarily DotBig through Tencent’s Wechat app. Live educational sessions using site features to explore today’s markets.

Charts on the Market’s Second-Quarter Performance

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PDD stock

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. 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 pinduoduo stock crackdown on the country’s technology sector. View our full suite of financial calendars and market data tables, all for free. Pinduoduo has received a 6.19% net impact score from Upright. Pinduoduo seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Jobs". 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.

Price Target and Rating

Cathie Wood’s Fund May Reportedly Invest in Canadian Bitcoin ETFsCathie Wood’s ARK Next Generation Internet ETF may invest in Canadian Bitcoin in a bid to diversify her assets. While the West Tightens, China Gets Dovish Market Rebellion spotted 100,000 call options bought in these Chinese ETF’s over just 2 weeks before the most recent https://dotbig.com/markets/stocks/PDD/ rally. Registered with the Monetary Authority of Singapore , moomoo SG is a Capital Markets Services Licence (Licence No. CMS101000) holder with the Exempt Financial Adviser Status. The services and products offered on the website are subject to applicable laws and regulations, as well as relevant service terms and policies.

Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Data, information, or opinions contained in Quantalytics in any form give no consideration to any particular individuals’ investment needs or objectives, nor do they consider any individuals’ financial condition. Consequently, https://dotbig.com/ any such data, information, or opinions do not in any way represent a personal recommendation to any individual investor or any entities, whatever the type. No content on the website shall be considered as a recommendation or solicitation for the purchase or sale of securities, futures, or other financial products.

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Realtime quote and/or trades are not sourced from all markets. 2 Reasons Investors Are Getting Excited About Pinduoduo Lawrence Nga

Timeline

Sponsored ADR closed the most recent trading day at $53.61, moving -0.52% from the previous trading session. When Xi Jinping began his first term as the President of China in 2013, the country’s economy and markets were on the rise, and their future looked as bright as ever. In the years that followed, China’s economic progress w…

Dividend Strength

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, this is the second plant-based pork product Beyond Meat has launched in Chi… One share of PDD stock can currently be purchased for approximately $61.89. The company is scheduled to release its next quarterly earnings announcement on Friday, November 25th 2022. 20 people have searched for PDD on MarketBeat in the last 30 days.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To https://dotbig.com/ calculate, start with total shares outstanding and subtract the number of restricted shares.