Home › NASDAQ: PDD
Specialty Retail
PDD
97.90
Price1.78%   -1.77
pre-market Pre-market: 97.39 -0.51 -0.52%

Pinduoduo Inc. (PDD)
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KEY STATS

Previous Close:
$99.67
Market Cap:
$130.07B
24h Volume:
5.84M
1D Range:
$97.37 - $100.26
52W Range:
$38.80 - $106.38
Primary Exchange:

COMPANY PROFILE

NameNamePinduoduo Inc.
sectorSectorConsumer Cyclical (804)
industryIndustrySpecialty Retail (100)
webWebpinduoduo.com
phonePhone86 21 5266 1300
employeeEmployee1,159
twitter-icon Twitter @PinduoduoInc
chart-line-icon Latest SEC Filings
twitter-icon PDD's Discussions on Twitter
locationNo.533 Loushanguan Road, 28th Floor Changning District, Shanghai, China (200051)

UPGRADES & DOWNGRADES

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
More Upgrades & Downgrades
News Price History Option Chain Financials Insider Trading Why PDD Down? Discussions Forecast Stock Split Dividend History

Why is Pinduoduo Inc. (PDD) Stock going down?

20 Mar, 2023:

Pinduoduo - a Chinese e-commerce platform is down 14.17% today after reporting its four-quarter 2022 earnings. Its revenue missed expectations by $140 million as China's post-reopening consumer recovery remains patchy. One of the top reasons that lead to the decrease in PDD is weak consumer spending.

About Pinduoduo Inc.

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.
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