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Pinduoduo (NASDAQ:PDD – Get Rating) announced its earnings results on Friday. The company reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $2.68, MarketWatch Earnings reports. Pinduoduo had a net margin of 8.40% and a return on equity of 15.76%. During the same period last year, the firm posted […]
Pinduoduo (NASDAQ:PDD – Get Rating) was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to an “overweight” rating in a research report issued to clients and investors on Monday, The Fly reports. PDD has been the topic of a number of other research reports. Zacks Investment Research cut shares of Pinduoduo […]
The US and China have been at odds for two decades over the mandate that grants access to all audit work papers for US-listed foreign companies.
As many of the country’s tech founders hand over the reins, it’s worth remembering that once start-ups grow to a certain size they need professional managers to take over.
Pinduoduo Inc. (NASDAQ:PDD – Get Rating) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 18,580,000 shares, a drop of 25.3% from the March 15th total of 24,870,000 shares. Based on an average daily trading volume, of 16,380,000 shares, the short-interest ratio is […]