|Bid||0.00 x 1100|
|Ask||0.00 x 900|
|Day's Range||84.71 - 89.87|
|52 Week Range||23.21 - 89.87|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 24, 2022 - Nov 28, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||87.84|
Pinduoduo (NASDAQ: PDD) was just a 6-year-old e-commerce company when I first bought stock back in 2021 in this commerce site that leverages social interactions as part of its sales pitch. Despite its relatively young age, Pinduoduo had achieved some remarkable results up to that point, becoming one of the top three players in the Chinese e-commerce industry. The founder had stepped down and the technology industry was facing enormous scrutiny from the Chinese government.
Here is how Pinduoduo Inc. Sponsored ADR (PDD) and Performance Food Group (PFGC) have performed compared to their sector so far this year.
Chinese stocks are rebounding with Covid curbs seen easing. E-commerce and solar stocks lead the five best now.