Page 28 - Pdd News Today

Pinduoduo (NASDAQ:PDD – Get Rating) had its price target reduced by equities researchers at CLSA from $100.00 to $81.00 in a report released on Tuesday, The Fly reports. CLSA’s price target suggests a potential upside of 63.97% from the stock’s current price. Other research analysts have also issued reports about the company. TheStreet lowered Pinduoduo […]

Pinduoduo (NASDAQ:PDD – Get Rating) had its target price cut by Benchmark from $156.00 to $85.00 in a research report released on Tuesday morning, The Fly reports. Several other research analysts also recently weighed in on PDD. UBS Group raised shares of Pinduoduo from a hold rating to a buy rating in a report on […]

Pinduoduo (NASDAQ:PDD – Get Rating) posted its quarterly earnings results on Monday. The company reported $5.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $5.68, Fidelity Earnings reports. Pinduoduo had a negative net margin of 0.18% and a positive return on equity of 1.17%. During the same […]

Pinduoduo (NASDAQ:PDD – Get Rating) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d+” rating in a research report issued on Monday, TheStreetRatingsTable reports. Several other equities research analysts have also issued reports on PDD. Macquarie assumed coverage on Pinduoduo in a research note on Tuesday, December 7th. They set […]

JPMorgan Chase & Co. lowered shares of Pinduoduo (NASDAQ:PDD – Get Rating) from an overweight rating to an underweight rating in a research report sent to investors on Monday morning, MarketBeat Ratings reports. They currently have $23.00 price target on the stock, down from their prior price target of $105.00. Several other research firms also […]

M&G Investment Management Ltd. lessened its stake in Pinduoduo Inc. (NASDAQ:PDD – Get Rating) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,810 shares of the company’s stock after selling 1,119 shares during the quarter. M&G Investment Management […]

What to Do With Pinduoduo After Its Long Decline...PDD

Big Tech in China will not be allowed to use algorithms to sway customer behavior and must end practices that stop traffic heading to competitor sites and apps....PDD

News that China is investigating the e-commerce giant over antitrust issues has spilled over to shares of SoftBank Group.

By Craig Mellow Order Reprints NIO EP9 Courtesy of NIO You think Tesla (ticker: TSLA) stock had a good year? Shares in Elon Musk’s electric-car dynamo jumped a mere 670% during 2020. Chinese competitor Nio (NIO) posted an 11-fold increase.  EVs aren’t the only sector where emerging market stars left U.S. names in the dust. Amazon.com’s (AMZN) 75% advance lagged Latin American e-commerce sensation MercadoLibre’s (MELI) 200%. Southeast Asian online marketplace Sea (...