Rein was of the view that "panic was overblown last night," and that this would be a good opportunity for investors to buy into the stock.
PDD reported operating profit of 32.56 billion yuan, surging 156% from a year ago, while attributable income jumped 144% year on year to 32.01 billion yuan. Lei Chen, chairman and co-CEO of PDD, wrote in the earnings release that "While encouraged by the solid progress we made in the past few quarters, we see many challenges ahead."
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
China's PDD suffers $40 billion market cap wipeout after flagging an uncertain marketChina's PDD suffers $40 billion market cap wipeout after flagging an uncertain market
اقرأ أكثر »
Stocks making the biggest moves midday: PDD Holdings, Icahn Enterprises, SolarEdge and moreSeveral stocks saw large declines on Monday even as the Dow hit a record high.
اقرأ أكثر »
Stocks making the biggest moves premarket: PDD Holdings, Boeing, Planet Fitness and moreThese are the stocks posting the largest moves in premarket trading.
اقرأ أكثر »