PDD Shares Fall After President Capital Management Downgrade

MT Newswires Live

03/29

PDD Holdings (PDD) shares were down over 3% in late Friday trading after President Capital Management downgraded the stock to neutral from buy and cut its target price to $130 from $132.

Trading volume was more than 5.8 million shares, compared with a daily average of about 9.2 million.

Price: 120.41, Change: -3.95, Percent Change: -3.18

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