PDD Holdings Inc ADR (PDD)

Overview News Price History Option Chain Why PDD Down? Discussions Forecast

PDD Holdings Inc ADR stock is currently priced at $112.13, with a 24-hour trading volume of 5.87M. It has seen a -1.41% decreased in the last 24 hours and a -12.20% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $114.5 pivot point. If it approaches the $112.0 support level, significant changes may occur.

PDD Holdings Inc ADR Stock (PDD) Financials Data

PDD Holdings Inc ADR (PDD) Revenue 2024

PDD reported a revenue (TTM) of $34.82 billion for the quarter ending December 31, 2023, a +80.60% rise year-over-year.

PDD Holdings Inc ADR (PDD) Net Income 2024

PDD net income (TTM) was $8.44 billion for the quarter ending December 31, 2023, a +82.21% increase year-over-year.

PDD Holdings Inc ADR (PDD) Cash Flow 2024

PDD recorded a free cash flow (TTM) of $13.31 billion for the quarter ending December 31, 2023, a +84.33% increase year-over-year.

PDD Holdings Inc ADR (PDD) Earnings per Share 2024

PDD earnings per share (TTM) was $5.7619 for the quarter ending December 31, 2023, a +78.70% growth year-over-year.

PDD Holdings Inc ADR Stock (PDD) Latest News

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Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China. It also operates Pinduoduo, a mobile platform that offers a range of priced merchandise. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was founded in 2015 and is based in Shanghai, the People's Republic of China.

Resumed	UBS: Buy	Nov-01-23
Upgrade	Goldman: Neutral → Buy	Aug-30-23
Downgrade	Goldman: Buy → Neutral	Apr-25-23
Upgrade	Morgan Stanley: Equal-Weight → Overweight	Mar-02-23
Upgrade	Barclays: Equal Weight → Overweight	Oct-27-22
Upgrade	HSBC Securities: Hold → Buy	Aug-30-22
Downgrade	Morgan Stanley: Overweight → Equal-Weight	Jul-11-22
Upgrade	JP Morgan: Underweight → Overweight	May-16-22
Resumed	Goldman: Buy	Apr-11-22
Upgrade	UBS: Neutral → Buy	Mar-23-22
Downgrade	Nomura: Buy → Neutral	Mar-22-22
Downgrade	JP Morgan: Overweight → Underweight	Mar-14-22
Upgrade	Citigroup: Neutral → Buy	Feb-16-22
Resumed	Macquarie: Outperform	Dec-07-21
Downgrade	Citigroup: Buy → Neutral	Nov-29-21
Initiated	Barclays: Equal Weight	Nov-03-21
Upgrade	China Renaissance: Hold → Buy	Aug-06-21
Downgrade	Macquarie: Outperform → Neutral	Mar-18-21
Downgrade	KeyBanc Capital Markets: Overweight → Sector Weight	Jan-26-21
Initiated	Bernstein: Outperform	Jan-25-21
Upgrade	Nomura: Neutral → Buy	Nov-16-20
Upgrade	BofA Securities: Neutral → Buy	Nov-13-20
Upgrade	Goldman: Neutral → Buy	Nov-03-20
Initiated	Oppenheimer: Outperform	Oct-20-20
Reiterated	Barclays: Equal Weight	Aug-24-20
Downgrade	CLSA: Buy → Outperform	Aug-24-20
Downgrade	UBS: Buy → Neutral	Aug-24-20
Initiated	Bernstein: Outperform	Jun-08-20
Downgrade	Barclays: Overweight → Equal Weight	May-27-20
Downgrade	China Renaissance: Buy → Hold	May-26-20
Downgrade	Goldman: Buy → Neutral	May-26-20
Downgrade	Jefferies: Buy → Hold	May-26-20
Reiterated	The Benchmark Company: Buy	May-26-20
Downgrade	BofA/Merrill: Buy → Neutral	May-20-20
Upgrade	Credit Suisse: Neutral → Outperform	Apr-20-20
Initiated	Bernstein: Mkt Perform	Mar-20-20
Downgrade	Citigroup: Buy → Neutral	Mar-12-20
Downgrade	Credit Suisse: Outperform → Neutral	Feb-04-20
Upgrade	Credit Suisse: Neutral → Outperform	Jan-06-20
Initiated	Macquarie: Outperform	Nov-22-19