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Why Pinduoduo Stock Popped Today

Joe Tenebruso, The Motley Fool
·1 min read
Why Pinduoduo Stock Popped Today
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What happened Shares of Pinduoduo (NASDAQ: PDD) jumped 7.5% on Thursday following news that popular fund manager Cathie Wood purchased the stock for her ARK Fintech Innovation ETF (NYSEMKT: ARKF). So what After her funds' stellar performance in 2020, Wood has become one of the most widely followed investment managers.