Pinduoduo Stock Gets Crushed. Sales Miss Estimates.

2 years ago 404

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/pinduoduo-pdd-stock-earnings-sales-51637938546


Updated Nov. 26, 2021 12:28 p.m. ET / Original Nov. 26, 2021 9:56 americium ET

  • Order Reprints
  • Print Article

U.S.-listed shares of Pinduoduo plummeted Friday aft the Chinese e-commerce institution reported third-quarter income overmuch little than Wall Street expectations.

Revenue of 21.51 cardinal yuan ($3.37 billion) missed expectations of $4.04 billion.

Adjusted net were 2.18 yuan, oregon 34 cents per American depositary share, up from 33 cents successful the...


Read Entire Article