bearish
Pinduoduo (PDD US): Three Reasons Why PDD Fell 5.5% After a 239% Growth
307 Views27 May 2021 16:03
Pinduoduo reported 239% revenue growth in 1Q21, but the stock fell 5.5%. I offer three reasons why the stock fell: GMV, revenue, and loss margins.
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Mitchell Kim
Global TMT analyst with Asia ex-Japan focus.
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