Why Did PDD Stock Plunge 14% Monday? Earnings and Sales Miss Forecasts

Seekingalpha2023-03-21

Chinese e-commerce company PDD Holdings (NASDAQ:PDD), the parent of Pinduoduo, started the week on a rough note Monday, as its shares fell more than 14% following a disappointing quarterly earnings ...

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Sandyboy
2023-03-21
Sandyboy
Ok
Limhockmeng
2023-03-21
Limhockmeng
Wow

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Earnings and Sales Miss Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-21 08:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3949231-why-did-pdd-stock-plunge-14-monday-earnings-and-sales-miss-forecasts><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company PDD Holdings (NASDAQ:PDD), the parent of Pinduoduo, started the week on a rough note Monday, as its shares fell more than 14% following a disappointing quarterly earnings ...</p>\n\n<a href=\"https://seekingalpha.com/news/3949231-why-did-pdd-stock-plunge-14-monday-earnings-and-sales-miss-forecasts\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PDD","symbol_name":"拼多多","start_time":0,"source_url":"https://seekingalpha.com/news/3949231-why-did-pdd-stock-plunge-14-monday-earnings-and-sales-miss-forecasts","article_id":"2321661592","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2321661592","pubTimestamp":1679358847,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Chinese e-commerce company PDD Holdings (NASDAQ:PDD), the parent of Pinduoduo, started the week on a","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PDD":"拼多多"},"translate_title":"为什么PDD股票周一暴跌14%？盈利和销售失误预测","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PDD":1},"content_text":"Chinese e-commerce company PDD Holdings (NASDAQ:PDD), the parent of Pinduoduo, started the week on a rough note Monday, as its shares fell more than 14% following a disappointing quarterly earnings report.Prior to the start of trading, PDD (PDD) reported a fourth-quarter profit, excluding one-time items, of $1.21 a share, on revenue of $5.78B. 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