Stocks News

LAST PRICE
142.8000
TODAY'S CHANGE (%)
Trending Down-3.0800 (-2.1113%)

Bid / Lots
142.9800/ 2
Ask / Lots
143.0600/ 2
Open / Previous Close
145.2200 / 145.8800
Day Range
Low 141.0100
High 145.2800
52 Week Range
Low 66.4010
High 164.6900
Volume
10,814,379
below average

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Yesterday
- 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.
Jun 2, 2024
- DJ Second-Largest U.S. Pension Bought Temu Parent PDD Stock, Sold American Airlines -- Barrons.com, from 3:00AM ET on Sunday Jun 02, 2024 by Dow Jones
  3:00AM ET on Sunday Jun 02, 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, and 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.

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
May 29, 2024
- Pinterest Insider Sold Shares Worth $925,530, According to a Recent SEC Filing, from 5:37PM ET on Wednesday May 29, 2024 by MT Newswires
  5:37PM ET on Wednesday May 29, 2024 by MT Newswires
  Companies Mentioned: PINS
- Pinterest Insider Sold Shares Worth $481,603, According to a Recent SEC Filing, from 5:36PM ET on Wednesday May 29, 2024 by MT Newswires
  5:36PM ET on Wednesday May 29, 2024 by MT Newswires
  Companies Mentioned: PINS
- JPMorgan Raises Price Target on GoDaddy to $175 From $136, Maintains Overweight Rating, from 8:21AM ET on Wednesday May 29, 2024 by MT Newswires
  8:21AM ET on Wednesday May 29, 2024 by MT Newswires
  Companies Mentioned: GDDY
May 24, 2024
- Gartner Insider Sold Shares Worth $363,656, According to a Recent SEC Filing, from 4:16PM ET on Friday May 24, 2024 by MT Newswires
  4:16PM ET on Friday May 24, 2024 by MT Newswires
  Companies Mentioned: IT
- Baird Raises Price Target on GoDaddy to $175 From $150, Maintains Outperform Rating, from 9:31AM ET on Friday May 24, 2024 by MT Newswires
  9:31AM ET on Friday May 24, 2024 by MT Newswires
  Companies Mentioned: GDDY
May 23, 2024
- Gartner Insider Sold Shares Worth $268,578, According to a Recent SEC Filing, from 5:17PM ET on Thursday May 23, 2024 by MT Newswires
  5:17PM ET on Thursday May 23, 2024 by MT Newswires
  Companies Mentioned: IT
- Piper Sandler Adjusts Price Target on Pinterest to $52 From $50, Maintains Overweight Rating, from 9:48AM ET on Thursday May 23, 2024 by MT Newswires
  9:48AM ET on Thursday May 23, 2024 by MT Newswires
  Companies Mentioned: PINS
May 22, 2024
- Gartner Insider Sold Shares Worth $4,551,984, According to a Recent SEC Filing, from 5:06PM ET on Wednesday May 22, 2024 by MT Newswires
  5:06PM ET on Wednesday May 22, 2024 by MT Newswires
  Companies Mentioned: IT
- GoDaddy Adds New Features to Generative AI Prompt Library, from 12:57PM ET on Wednesday May 22, 2024 by MT Newswires
  12:57PM ET on Wednesday May 22, 2024 by MT Newswires
  Companies Mentioned: GDDY

PDD Holdings Inc
NASDAQ:PDDUnited States

Search Criteria

Yesterday

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

Jun 2, 2024

DJ Second-Largest U.S. Pension Bought Temu Parent PDD Stock, Sold American Airlines -- Barrons.com, from 3:00AM ET on Sunday Jun 02, 2024 by Dow Jones

Peers Headlines

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

May 29, 2024

Pinterest Insider Sold Shares Worth $925,530, According to a Recent SEC Filing, from 5:37PM ET on Wednesday May 29, 2024 by MT Newswires

Pinterest Insider Sold Shares Worth $481,603, According to a Recent SEC Filing, from 5:36PM ET on Wednesday May 29, 2024 by MT Newswires

JPMorgan Raises Price Target on GoDaddy to $175 From $136, Maintains Overweight Rating, from 8:21AM ET on Wednesday May 29, 2024 by MT Newswires

May 24, 2024

Gartner Insider Sold Shares Worth $363,656, According to a Recent SEC Filing, from 4:16PM ET on Friday May 24, 2024 by MT Newswires

Baird Raises Price Target on GoDaddy to $175 From $150, Maintains Outperform Rating, from 9:31AM ET on Friday May 24, 2024 by MT Newswires

May 23, 2024

Gartner Insider Sold Shares Worth $268,578, According to a Recent SEC Filing, from 5:17PM ET on Thursday May 23, 2024 by MT Newswires

Piper Sandler Adjusts Price Target on Pinterest to $52 From $50, Maintains Overweight Rating, from 9:48AM ET on Thursday May 23, 2024 by MT Newswires

May 22, 2024

Gartner Insider Sold Shares Worth $4,551,984, According to a Recent SEC Filing, from 5:06PM ET on Wednesday May 22, 2024 by MT Newswires

GoDaddy Adds New Features to Generative AI Prompt Library, from 12:57PM ET on Wednesday May 22, 2024 by MT Newswires