Stocks News

LAST PRICE
147.5369
TODAY'S CHANGE (%)
Trending Up3.6369 (2.5274%)

Bid / Lots
147.5000/ 3
Ask / Lots
147.5400/ 2
Open / Previous Close
143.6600 / 143.9000
Day Range
Low 143.0800
High 147.8000
52 Week Range
Low 66.4010
High 164.6900
Volume
3,007,359
average

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Jun 7, 2024
- DJ Big Pension Fund Bought Stock of Temu Parent PDD -- Barron's, from 9:30PM ET on Friday Jun 07, 2024 by Dow Jones
  9:30PM ET on Friday Jun 07, 2024 by Dow Jones
  Companies Mentioned: WSM, PDD, AAL, DFS
  
  Ed Lin
  
  America's second-largest public pension recently made significant changes in its U.S.-listed equities portfolio.
  
  California State Teachers' Retirement System increased an investment in Chinese e-commerce firm PDD Holdings, bought more shares of Discover Financial Services and Williams-Sonoma, and reduced its stake in American Airlines Group stock in the first quarter. Calstrs, as the pension is known, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.
Jun 4, 2024
- DJ PDD's E-Commerce Platform Temu Well-Placed to Attract More Chinese Merchants -- Market Talk, from 5:18AM ET on Tuesday Jun 04, 2024 by Dow Jones
  5:18AM ET on Tuesday Jun 04, 2024 by Dow Jones
  Companies Mentioned: PDD
  
  0918 GMT - PDD Holdings' overseas e-commerce platform Temu looks capable of drawing in more Chinese cross-border merchants thanks to its new business model, Nomura analysts Jialong Shi and Rachel Guo in a research note. Temu's new model gives merchants flexibility to take charge of the fulfillment process for their products all the way from China to overseas consumers, which the analysts think will appeal to merchants and tempt them away from rival platforms like Amazon. However, the analysts notes that merchants continue to be put off by Temu's "rigid insistence" on offering the lowest possible prices for products, which could hinder profitability. Nomura has a buy rating for PDD with a target price of $180.00 on ADRs. (tracy.qu@wsj.com)
Jun 3, 2024
- DJ PDD's Temu E-Commerce Platform Could Turn Profitable as Early as 2025 -- Market Talk, from 10:42PM ET on Monday Jun 03, 2024 by Dow Jones
  10:42PM ET on Monday Jun 03, 2024 by Dow Jones
  Companies Mentioned: PDD
  
  0242 GMT - PDD Holdings' e-commerce platform, Temu, could turn profitable as early as 2025, Deutsche Bank analyst Jessie Xu says in a commentary. Xu notes that the platform surprised the market again in 1Q by maintaining its quarterly gross merchandise value level and delivering better-than-expected margins. The analyst maintains her forecast for Temu to turn profitable from 2026, but now expects a higher possibility of this being brought forward to 2025. The analyst keeps a buy rating on PDD, and raises the target price for its ADRs to US$222.00 from US$185.00. ADRs last traded at US$146.92. (tracy.qu@wsj.com)
- *DJ PDD Holdings ADRs Target Price Raised to $222.000 From $185.00 by Deutsche Bank >PDD, from 10:29PM ET on Monday Jun 03, 2024 by Dow Jones
  10:29PM ET on Monday Jun 03, 2024 by Dow Jones
  Companies Mentioned: PDD
- DJ Facebook Is Bringing Back Young People. That's Only One Revenue Driver Ahead. -- Barrons.com, from 11:41AM ET on Monday Jun 03, 2024 by Dow Jones
  11:41AM ET on Monday Jun 03, 2024 by Dow Jones
  Companies Mentioned: SNAP, AMZN, META, PDD
  
  By Angela Palumbo
  
  Meta Platforms has multiple avenues to drive revenue growth, writes a Mizuho Securities analyst. An increase in younger users on Facebook can also be a helpful boost.

Today
- NY Governor Hochul Praises Passage of Bills on Addictive Social Media Feeds, Children's Data in Legislature, from 4 hours ago by MT Newswires
  4 hours ago by MT Newswires
  Companies Mentioned: SNAP, META, PINS, RDDT
- KKR & Co, CrowdStrike, GoDaddy to Join S&P 500 Index on June 24, from 5 hours ago by MT Newswires
  5 hours ago by MT Newswires
  Companies Mentioned: IART, ILMN, LEG, MCS, MED, MEI, OSUR, PENN, CLDT, RBA, RGP, RHI, KKR, TDW, TPL, TTEC, WERN, ADTN, KRYS, ALTR, WHD, ATNI, HOUS, CRWD, GO, CRNC, WMG, STEP, BMRN, HTZ, XPER, CMA, NXT, GDDY, VIRT, NFBK
Jun 7, 2024
- KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600, from 6:10PM ET on Friday Jun 07, 2024 by PR Newswire
  6:10PM ET on Friday Jun 07, 2024 by PR Newswire
  Companies Mentioned: IART, MCS, MED, OSUR, PENN, CLDT, RGP, RHI, KKR, TTEC, WERN, ADTN, KRYS, ALTR, ATNI, HOUS, CRWD, GO, CRNC, WMG, STEP, HTZ, NXT, GDDY, VIRT, NFBK
- Did EPAM Systems, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate- EPAM, from 7:25AM ET on Friday Jun 07, 2024 by Accesswire
  7:25AM ET on Friday Jun 07, 2024 by Accesswire
  Companies Mentioned: EPAM
Jun 6, 2024
- Gartner Insider Sold Shares Worth $302,438, According to a Recent SEC Filing, from 5:11PM ET on Thursday Jun 06, 2024 by MT Newswires
  5:11PM ET on Thursday Jun 06, 2024 by MT Newswires
  Companies Mentioned: IT
- An Investigation Has Commenced on Behalf of EPAM Systems, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your EPAM Losses, from 7:30AM ET on Thursday Jun 06, 2024 by Accesswire
  7:30AM ET on Thursday Jun 06, 2024 by Accesswire
  Companies Mentioned: EPAM
Jun 5, 2024
- An Investigation Has Commenced on Behalf of EPAM Systems, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your EPAM Losses., from 7:30AM ET on Wednesday Jun 05, 2024 by Accesswire
  7:30AM ET on Wednesday Jun 05, 2024 by Accesswire
  Companies Mentioned: EPAM
Jun 4, 2024
- EPAM Systems, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - EPAM, from 7:31AM ET on Tuesday Jun 04, 2024 by Accesswire
  7:31AM ET on Tuesday Jun 04, 2024 by Accesswire
  Companies Mentioned: EPAM
Jun 3, 2024
- EPAM Systems, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by EPAM (EPAM), from 7:31AM ET on Monday Jun 03, 2024 by Accesswire
  7:31AM ET on Monday Jun 03, 2024 by Accesswire
  Companies Mentioned: EPAM
May 31, 2024
- GoDaddy Inc. Completes Refinancing and Extension of Existing Tranche B-4 Term Loans and Certain Tranche B-6 Term Loans, from 5:12PM ET on Friday May 31, 2024 by PR Newswire
  5:12PM ET on Friday May 31, 2024 by PR Newswire
  Companies Mentioned: GDDY

PDD Holdings Inc
NASDAQ:PDDUnited States

Search Criteria

Jun 7, 2024

DJ Big Pension Fund Bought Stock of Temu Parent PDD -- Barron's, from 9:30PM ET on Friday Jun 07, 2024 by Dow Jones

Jun 4, 2024

DJ PDD's E-Commerce Platform Temu Well-Placed to Attract More Chinese Merchants -- Market Talk, from 5:18AM ET on Tuesday Jun 04, 2024 by Dow Jones

Jun 3, 2024

DJ PDD's Temu E-Commerce Platform Could Turn Profitable as Early as 2025 -- Market Talk, from 10:42PM ET on Monday Jun 03, 2024 by Dow Jones

*DJ PDD Holdings ADRs Target Price Raised to $222.000 From $185.00 by Deutsche Bank >PDD, from 10:29PM ET on Monday Jun 03, 2024 by Dow Jones

DJ Facebook Is Bringing Back Young People. That's Only One Revenue Driver Ahead. -- Barrons.com, from 11:41AM ET on Monday Jun 03, 2024 by Dow Jones

Peers Headlines

Today

NY Governor Hochul Praises Passage of Bills on Addictive Social Media Feeds, Children's Data in Legislature, from 4 hours ago by MT Newswires

KKR & Co, CrowdStrike, GoDaddy to Join S&P 500 Index on June 24, from 5 hours ago by MT Newswires

Jun 7, 2024

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600, from 6:10PM ET on Friday Jun 07, 2024 by PR Newswire

Did EPAM Systems, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate- EPAM, from 7:25AM ET on Friday Jun 07, 2024 by Accesswire

Jun 6, 2024

Gartner Insider Sold Shares Worth $302,438, According to a Recent SEC Filing, from 5:11PM ET on Thursday Jun 06, 2024 by MT Newswires

An Investigation Has Commenced on Behalf of EPAM Systems, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your EPAM Losses, from 7:30AM ET on Thursday Jun 06, 2024 by Accesswire

Jun 5, 2024

An Investigation Has Commenced on Behalf of EPAM Systems, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your EPAM Losses., from 7:30AM ET on Wednesday Jun 05, 2024 by Accesswire

Jun 4, 2024

EPAM Systems, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - EPAM, from 7:31AM ET on Tuesday Jun 04, 2024 by Accesswire

Jun 3, 2024

EPAM Systems, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by EPAM (EPAM), from 7:31AM ET on Monday Jun 03, 2024 by Accesswire

May 31, 2024

GoDaddy Inc. Completes Refinancing and Extension of Existing Tranche B-4 Term Loans and Certain Tranche B-6 Term Loans, from 5:12PM ET on Friday May 31, 2024 by PR Newswire