Shares of Pinduoduo rose 5.61% to $135.89 at 12:01 EST on Thursday, after two sequential sessions in a row of losses. NASDAQ Composite is dropping 0% to $0.00, following last session’s upward trend, This seems, as yet, a somewhat positive trend exchanging session today.
Pinduoduo’s sales growth is 336.9% for the ongoing quarter and 109.3% for the next. The company’s growth estimates for the current quarter and the next is a negative 2.6% and a negative 3300%, respectively.
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