PDD Shares Plunge: Why This Could Be a Hidden Gem for Investors
Warren Buffett and value investors like him like to start looking into stocks when they are beaten up the most. Value investing is often a contrarian view; otherwise, the market would be efficientl...
Shareholders of PDD Holdings Inc. f/k/a Pinduoduo Inc. Should Contact Levi & Korsinsky Before October 15, 2024 to Discuss Your Rights - PDD
NEW YORK, NY / ACCESSWIRE / August 27, 2024 / If you suffered a loss on your PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ:PDD) investment and want to learn about a potential recovery under the fe...
October 15, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against PDD
NEW YORK , Aug. 27, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in PDD Holdings Inc. f/k/a Pinduoduo Inc. ("PDD" or the "Company") (NASDAQ: PDD) of a class action securities lawsu...
Here's why Temu stock is crashing
The impact of missed earnings expectations can be severe, as Temu's parent company, PDD Holdings (NASDAQ: PDD), came to know, experiencing its largest ever one-day drop since its listing on Nasdaq.
Shares of Temu parent company PDD plunges almost 29%; 'too large a correction', says analyst
Rein was of the view that "panic was overblown last night," and that this would be a good opportunity for investors to buy into the stock. This comes after shares of PDD Holdings saw their largest ...
Temu Owner PDD Posts Revenue Miss, Warns of Slowing Sales
PDD Holdings Inc.'s shares fell the most on record after it warned that "a downward trend in profitability is inevitable." The Chinese e-commerce business, which owns Temu, also posted quarterly re...
Lost Money on PDD Holdings Inc. f/k/a Pinduoduo Inc.(PDD)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / If you suffered a loss on your PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ:PDD) investment and want to learn about a potential recovery under the fe...
ROSEN, NATIONAL TRIAL LAWYERS, Encourages PDD Holdings Inc. f/k/a Pinduoduo Inc. Investors to Secure Counsel Before Important Deadline in Securitie...
NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ: PDD) betw...
Chinese consumers are spending more on experiences not stuff, says Shehzad Qazi on Pinduoduo decline
Shehzad Quai, China Beige Book COO and Managing Director, joins 'Fast Money' to talk the Chinese consumer as shares of Temu-parent company Pinduoduo sink.
Temu owner's shares plummet 30% as fast-fashion competition intensifies
The shares drop was the company's worst decline since 2022 as rivals like TikTok Shop and Alibaba gain pace in the fast-fashion sector.
The CEO of Temu's Parent Sees a 'Rational' Consumer Out There
Throughout this earnings season, executives at consumer-facing companies have described a shopping public increasingly willing to search for value.
PDD: Growth Caves In, As Competition Intensifies (Rating Downgrade)
PDD Holdings Inc. reported a Q2 2024 earnings miss and warned of slower growth, leading to a 25% drop in market cap. Management's forward-looking commentary highlighted competitive pressures and me...
3 China Stocks to Watch Amid PDD Post-Earnings Plummet
Following a disappointing second-quarter earnings report, U.S.-listed shares of China-based online retailer PDD Holdings Inc - ADR (NASDAQ:PDD) are eyeing their worst day ever.
Temu Parent PDD Stock Sinks on Worse-Than-Expected Q2 Sales
American depositary receipts (ADRs) of Chinese e-commerce company PDD Holdings (PDD) are plunging in premarket trading Monday after the parent of discount marketplace Temu reported second-quarter s...
PDD Holdings Announces Second Quarter 2024 Unaudited Financial Results
DUBLIN and SHANGHAI, Aug. 26, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the second quarter ende...
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