PDD Holdings Inc. - American Depositary Shares (PDD)
98.33
+1.89 (1.96%)
NASDAQ · Last Trade: Jun 3rd, 11:54 PM EDT
Detailed Quote
Previous Close
96.44
Open
96.39
Bid
98.62
Ask
98.68
Day's Range
95.52 - 98.94
52 Week Range
87.11 - 160.00
Volume
7,574,957
Market Cap
541.16B
PE Ratio (TTM)
37.82
EPS (TTM)
2.6
Dividend & Yield
N/A (N/A)
1 Month Average Volume
6,242,435
Chart
About PDD Holdings Inc. - American Depositary Shares (PDD)
PDD Holdings Inc is a technology-driven company primarily focused on e-commerce and social commerce across China and international markets. The company operates a platform that allows users to participate in group buying and take advantage of discounts on a wide variety of products, ranging from consumer electronics to everyday essentials. By leveraging data analytics and a strong network of merchants and suppliers, PDD aims to enhance the shopping experience for consumers while providing opportunities for sellers to reach a larger audience. Additionally, the company's ecosystem fosters community engagement and encourages consumer participation through gamified elements and social networking features. Read More
The manufacturing sector in China has slipped into contraction in May, marking its lowest level since September 2022, as the impact of tariffs continues to weigh heavily on the industry despite a temporary trade truce with the U.S.
PDD Holdings Inc. faces mounting challenges as its Temu platform struggles with significant user losses following major U.S. trade policy shifts that eliminated key cost advantages for Chinese e-commerce platforms.
Shares of PDD Holdings dropped 19.4% this week after disappointing Q1 results. Revenue and earnings missed estimates, and margins compressed due to investments.
U.S. markets closed higher on Tuesday, with the S&P 500 ending the day 2.05% higher at 5,921.54, while the Dow Jones Industrial Average rose 1.8% to 42,343.65. The Nasdaq also spiked nearly 2.5% to 19,199.16. These are the top stocks that gained the attention of retail traders and investors throughout the day:
Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.
PDD Holdings Inc. stock falls in premarket after reporting fiscal Q1 2025 results, missing revenue estimates and experiencing a decline in profitability due to investments in platform ecosystem.
