E-Commerce Giant PDD Looks Due For a Big Comeback in 2025
PDD(PDD) MarketBeat·2024-12-16 21:30
PDD TodayPDDPDD$102.27 -2.39 (-2.28%) 52-Week Range$88.01▼$164.69P/E Ratio9.99Price Target$173.40Add to WatchlistDespite explosive revenue growth in 2024, PDD’s NASDAQ: PDD share price has not fared well. Shares are down 29% on the year as of the December 12 close. Shares were crushed following the company’s past two earnings releases after missing estimates on sales. Metrics now show the stock is much cheaper than at 2024's start. So, have expectations been reset to a more reasonable level to warrant a re ...