Page 15 - Pdd News Today

PDD (NASDAQ:PDD – Free Report) had its price objective boosted by Barclays from $103.00 to $115.00 in a report released on Wednesday morning, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock. A number of other brokerages also recently commented on PDD. Nomura boosted their target price on shares of PDD from […]

Panagora Asset Management Inc. raised its position in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) by 2.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,868 shares of the company’s stock after acquiring an additional 2,713 shares during the […]

PDD (NASDAQ:PDD – Free Report) had its price objective raised by Bank of America from $97.00 to $112.00 in a research report report published on Tuesday, MarketBeat reports. The brokerage currently has a buy rating on the stock. PDD has been the subject of several other research reports. 500.com reiterated a maintains rating on shares […]

PDD (NASDAQ:PDD – Free Report) had its price objective upped by Morgan Stanley from $110.00 to $120.00 in a research note released on Tuesday, FlyOnTheWall reports. Other research analysts have also issued reports about the company. Benchmark upped their price objective on PDD from $106.00 to $125.00 in a report on Tuesday, May 30th. Bank […]

PDD (NASDAQ:PDD – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $10.47 EPS for the quarter, beating the consensus estimate of $7.30 by $3.17, MarketWatch Earnings reports. The firm had revenue of $52.28 billion during the quarter, compared to the consensus estimate of $43.39 billion. PDD had a return on […]

PDD Holdings Inc. (NASDAQ:PDD – Get Free Report) saw unusually-strong trading volume on Wednesday after the company announced better than expected quarterly earnings. Approximately 4,960,641 shares traded hands during trading, a decline of 47% from the previous session’s volume of 9,327,567 shares.The stock last traded at $97.58 and had previously closed at $93.22. The company […]

The U.S.-listed shares of PDD Holdings Inc. powered up 12.7% toward a five-month high in premarket trading Tuesday, after the China-based mobile marketplace...

Ecommerce platforms in China have been offering discounts and subsidies to lure shoppers in an uncertain economy. The focus on low-cost products has helped Chinese firms such as JD.Com and Alibaba Group to report better-than-expected quarterly revenue earlier this month.

NIO's results miss estimates, AT&T and Verizon stocks are upgraded, 3M agrees to pay a $6 billion earplugs settlement, and Heico falls after its earnings...

(Reuters) -- PDD Holdings beat second-quarter revenue estimates on Tuesday, as its discount e-commerce platform Pinduoduo attracted price-conscious cu