ADguynight
08-26

$PDD Holdings Inc(PDD)$ CEO: "The decline in profitability is inevitable."

PDD Drops 15%! At What Price Will You Buy the Dip?
Pinduoduo shares dropped over 16% in pre-market trading. The company reported Q3 revenue of RMB 99.35 billion, missing the estimated RMB 102.83 billion. -------------------- What's your target price for PDD's decline? Consider to bottom at $90 or not?
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Comments

  • Olivia Bruce
    08-26
    Olivia Bruce

    I’ve doubled my position in PDD. The market seems to be overly punishing PDD for not meeting unrealistic growth expectations. This presents a solid buying opportunity.

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