GraniteShares 2x Long PDD Daily ETF (PDDL.US) Latest News & Headlines | Longbridge

Weekly Recap | PDD -5.35%, consensus target well above spot
Weekly Review·Sep 12 at 06:29 AM
- Pinduoduo fell 5.35 % this week to close at 77.81 USD, underperforming the S & P 500 amid a broader decline in Chinese ADRs. - Thirty-eight institutions maintain a consensus buy rating with a target price of 115.28 USD, though valuation ranges and JPMorgan 's industry preferences reflect ongoing divergence. - Future performance will depend on Temu ecosystem developments, sector profit shifts, and upcoming macroeconomic retail data.
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Weekly Recap | PDD -4.06%, holding near one-month low
Weekly Review·Sep 5 at 07:49 AM
- Pinduoduo fell 4.06 % this week to close at 82.21 dollars, underperforming the S & P 500 amid weaker cross-border e-commerce sentiment and heavy investment periods. - A total of 38 institutions maintain a consensus buy rating with a target price of 116.10 dollars, reflecting a significant divergence in price expectations. - Future performance will be influenced by upcoming U.S. macroeconomic data releases and Temu's ongoing logistics and compliance developments.
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Weekly Recap | PDD -3.04%, most brokers rate it buy
Weekly Review·Aug 29 at 06:10 AM
- Pinduoduo fell 3.04 % to close at 85.69 USD this week, underperforming the S & P 500 amid volatile trading following its second-quarter earnings report. - The company reported revenue of 112.4 billion RMB, up 8 % year-on-year but missing expectations, while net profit dropped 12 % to 27.2 billion RMB. - Thirty-eight institutions maintain a consensus buy rating with an average target price of 116.03 USD, while market attention remains focused on EU tariffs and future reinvestment paces.
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Weekly Recap | PDD +4.23%, most brokers rate it buy
Weekly Review·Aug 22 at 05:29 AM
- Pinduoduo rose 4.23 % this week to close at 88.38 dollars, outperforming the S & P 500 amid market anticipation for its upcoming second-quarter earnings report on August 24, 2026. - Institutional sentiment remains largely positive with 37 firms issuing an overall buy consensus and an average target price of 116.57 dollars, while prominent investors adjusted their holdings during the second quarter. - Temu expanded its European footprint through a partnership with a Danish startup group, though analysts maintain a wide target price range due to differing views on global expansion returns.
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