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Pinduoduo (PDD-Q)
NASDAQ:PDD
71.42
11.40
(18.99%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$67.680
Unknown
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Pinduoduo (PDD-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 2
Pinduoduo (PDD-Q) Frequently Asked Questions
What is Pinduoduo stock symbol?
Pinduoduo is a American stock, trading under the symbol PDD-Q on the NASDAQ (PDD). It is usually referred to as NASDAQ:PDD or PDD-Q
Is Pinduoduo a buy or a sell?
In the last year, 2 stock analysts published opinions about PDD-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Pinduoduo .
Is Pinduoduo a good investment or a top pick?
Pinduoduo was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Pinduoduo .
Why is Pinduoduo stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Pinduoduo worth watching?
In the last year, there was no coverage of Pinduoduo published on Stockchase.
What is Pinduoduo stock price?
On 2023-05-26, Pinduoduo (PDD-Q) stock closed at a price of $71.42.
As PDD is a Chinese company, we can only offer brief comments.
These e-commerce platforms usually offer significant discounts in the first place to attract customers, in combination with China’s cheap manufacturing capabilities and unclear product quality.
Companies like Temu, Aliexpress, and Shein used to apply the same strategies even at a loss to gain customers’ traction in the first place and it usually takes 1 month on average until those orders are shipped.
However, we think these strategies are not sustainable, AMZN has built a network of logistic solutions that will be hard to duplicate effectively.
Also what is sold on those platforms could also be also on AMZN’s platform by third-party sellers.
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