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."
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Shares of Temu parent company PDD plunges almost 29%; 'too large a correction', says analystThe slump comes after the company failed to meet expectations in its second quarter results.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Shares of Temu parent company PDD plunges almost 29%; ‘too large a correction', says analystThe slump comes after the company failed to meet expectations in its second quarter results.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »
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
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »
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.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »