Page 3 - Pdd News Today

Handelsbanken Fonder AB lowered its stake in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) by 7.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 416,331 shares of the company’s stock after selling 35,811 shares during the quarter. Handelsbanken Fonder AB’s holdings in […]

Several brokerages have updated their recommendations and price targets on shares of PDD (NASDAQ: PDD) in the last few weeks: 3/21/2024 – PDD had its price target lowered by analysts at JPMorgan Chase & Co. from $195.00 to $190.00. They now have an “overweight” rating on the stock. 3/21/2024 – PDD had its price target […]

PDD Holdings Inc. (NASDAQ:PDD – Get Free Report) has received an average rating of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among brokers […]

Temu parent PDD enforces a culture of corporate secrecy by suing some former employees.

PDD Holdings Inc. (NASDAQ:PDD – Get Free Report) fell 3.1% on Wednesday . The stock traded as low as $115.43 and last traded at $116.32. 2,781,247 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 8,754,343 shares. The stock had previously closed at $120.10. Analysts Set New Price […]

USA Financial Formulas purchased a new stake in PDD Holdings Inc. (NASDAQ:PDD – Free Report) in the third quarter, Holdings Channel reports. The firm purchased 2,112 shares of the company’s stock, valued at approximately $207,000. Other large investors have also recently modified their holdings of the company. SRS Capital Advisors Inc. boosted its holdings in […]

PDD (NASDAQ:PDD – Get Free Report) was downgraded by investment analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued on Monday, Briefing.com reports. They currently have a $136.00 target price on the stock. The Goldman Sachs Group’s price objective suggests a potential upside of 16.47% […]

Mckinley Capital Management LLC purchased a new stake in PDD Holdings Inc. (NASDAQ:PDD – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,810 shares of the company’s stock, valued at approximately $276,000. Other large investors have also made changes to […]

O Neil Global Advisors Inc. bought a new stake in PDD Holdings Inc. (NASDAQ:PDD – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,275 shares of the company’s stock, valued at approximately $812,000. PDD makes up about 0.7% of […]

This high-growth Chinese e-commerce company still has plenty of room to grow.