Your email has been successfully added to our mailing list.

×
0 -9.07688118362995E-05 -0.00145230098938002 0.000589997276935624 -0.00127076336570755 -0.00599074158119267 -0.00599074158119267 -0.00599074158119267
Stock impact report

PDD Holdings Inc. (PDD) Down 15.5% in a Month, Here's What You Need to Know [Yahoo! Finance]

Pinduoduo Inc. - American Depositary Shares (PDD) 
Company Research Source: Yahoo! Finance
Recently, on December 9, Shawn Yang from Arete Research downgraded the stock from Buy to Hold, while keeping the price target the same at $130. ?The company's e-commerce platform, Temu, continues to be under the radar of regulatory authorities. On December 10, Reuters reported that Temu's European headquarters was raided by the European Union's regulators on potential Chinese state subsidies to the online retailer. ?The regulators have increased their attention towards Chinese e-commerce platforms, including Temu and Shein, over concerns that they have flooded the European market with free deliveries on parcels worth less than 150 euros. The regulators believe that this gives these platforms an unfair advantage. Moreover, the EU is also planning to scrap the duty exemption that allows Chinese e-commerce platforms to offer free deliveries by the end of next year, thereby further exacerbating the issue for PDD Holdings Inc. (NASDAQ:PDD). ?This is not the first time that Temu has c Show less Read more
Impact Snapshot
Event Time:
PDD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PDD alerts
Opt-in for
PDD alerts

from News Quantified
Opt-in for
PDD alerts

from News Quantified