Pinduoduo Stock: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – May 25, 2024 at 3:33AM

NASDAQ: PDD

PDD Holdings

Market Cap

$198B

Today's Change

(-1.38%) -$2.09

Current Price

$148.98

Price as of June 14, 2024, 4:00 p.m. ET

Home to the popular Temu shopping app, Pinduoduo is experiencing triple-digit growth.

Fool.com contributor Parkev Tatevosian reviews Pinduoduo's (PDD -1.38%)latest quarterly results and updates his rating on the stock.

*Stock prices used were the afternoon prices of May 22, 2024. The video was published on May 24, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.