Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
PDD plummeted after Q2 earnings: Are you still optimistic?
$PDD Holdings (PDD.US)$ declined nearly 30% on August 26 following its Q2 earnings report, marking its largest single-day drop since its 201 Show More
$PDD Holdings (PDD.US)$ declined nearly 30% on August 26 following its Q2 earnings report, marking its largest single-day drop since its 2018 U.S. listing.

Despite an 86% year-over-year revenue increase to 97.06 billion yuan, PDD leadership noted challenges from intensified competition and external pressures. They are willing to make short-term sacrifices to enhance their products. Many agencies downgraded their outlook after the earnings report, though Goldman Sachs maintained a buy rating.

🎙️Discussion
1. How do you adjust your strategy after this plummet?
2. What do you think of PDD's future performance?
Views
252K
Posts
60
Join topic
Posts
News
Latest
Hot
Related Stocks
No Data