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Pinduoduo Stock Jumped On Thursday, Outperforms Market

Via News Editorial Team

December 17, 2020

Pinduoduo Stock Jumped On Thursday, Outperforms Market

The Nasdaq Stock Market ended the session with Pinduoduo rising 2.57% to $149.21 on Thursday while the Nasdaq Stock Market jumped 0.65% to $12,740.80.

Pinduoduo today's close was $149.21, 9.31% under its 52-week high of $163.10.

Pinduoduo's Sales

Pinduoduo's sales growth is 86.9% for the present quarter and 190.9% for the next. The company's growth estimates for the ongoing quarter and the next is 170% and 74.4%, respectively.

Pinduoduo's Stock Yearly Top and Bottom Value

Pinduoduo's stock is valued at $149.21 at 16:12 EST, below its 52-week high of $163.10 and way higher than its 52-week low of $30.20.

Pinduoduo's Moving Average

Pinduoduo's value is way higher than its 50-day moving average of $130.14 and way above its 200-day moving average of $94.92.