PDD Holdings Inc. American Depositary Shares (PDD)
PDD Holdings: Assessing The Damage
Yesterday, PDD Holdings released its second quarter earnings, beating on revenue and narrowly missing on EPS. The stock sold off by nearly 30% despite the beat, as management sounded downbeat about future prospects on the earnings call. It's important to note that PDD gave lukewarm guidance on several of its previous earnings calls, and after each one, delivered high growth and margins.
PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba
PDD's Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks. Despite market confusion, PDD's non-GAAP operating margin surpassed Alibaba's, suggesting a strategic move to challenge Alibaba's dominance soon. Management's confidence in their strategy is evident from increased merchant participation and cash reserves, indicating readiness for competitive challenges.
Temu owner PDD sees £41b value slump after sales miss
PDD, the owner of controversial eCommerce platform Temu, saw its values sump by more than £41 billion after sales missed targets with China in particular hit by growing competition. Shares in the group crashed 29%, the largest fall on record.
These Analysts Slash Their Forecasts On PDD Holdings Following Q2 Results
PDD Holdings Inc PDD reported weaker-than-expected revenue for its fiscal second quarter on Monday.
Watch These PDD Stock Price Levels After Temu Parent Plummets on Revenue Miss
U.S.-traded shares in Temu parent PDD Holdings (PDD) plunged 29% on Monday after the China-based online retailer posted revenue that came in below expectations amid intensifying competition.
PDD Holdings: Sell-Off Isn't Unwarranted But Likely Overstated, Reiterate Buy
Panicky PDD Holdings' investors likely fled as the stock fell nearly 30% yesterday. Pinduoduo will invest more aggressively to reignite growth amid heightened competition. PDD's more aggressive investment strategy has likely reignited fears of its loss-making past.
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 efficiently priced, as some academics would argue.
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 federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
PDD Shareholders Have Opportunity to Lead PDD Holdings Inc. f/k/a Pinduoduo Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!
NEW YORK CITY, NY / ACCESSWIRE / August 27, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against PDD Holdings Inc. f/k/a Pinduoduo Inc. ("PDD" or "the Company") (NASDAQ:PDD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired PDD securities between April 30, 2021, and June 25, 2024, inclusive (the "Class Period").
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 one-day loss since its listing on the Nasdaq on Monday, tumbling 28.57% after the company failed to meet expectations in its second quarter results.
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 federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
