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U.S.-listed shares of Pinduoduo plummeted Friday after the Chinese e-commerce company reported third-quarter sales much lower than Wall Street expectations. Adjusted earnings were 2.18 yuan, or 34 cents per American depositary share, up from 33 cents in the same quarter of 2020. Shares of Pinduoduo (ticker: PDD) were down 17% to $67.49.
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in...
The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022. Jeff Kowalsky | AFP | Getty Images President Joe...
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In this article TWTR Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla...
In this article BBWI Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022,...
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