PDD Stock Plummets 64% in Trading Volume Ranking 136th Amid Financial Struggles

Generated by AI AgentAinvest Volume Radar
Monday, Jun 2, 2025 7:53 pm ET1min read

On June 2, 2025, PDD's trading volume was 5.95 billion, a 64.11% decrease from the previous day, ranking 136th in the day's stock market.

fell 0.07%, marking two consecutive days of decline, with a total drop of 1.88% over the past two days.

PDD Holdings Inc. (PDD) has experienced a decline in its stock price due to increased sales expenses, which were driven by larger subsidies to support the company's trade-in policy. This financial strain has contributed to the recent downward trend in PDD's stock performance.

In the first quarter of 2025, PDD's earnings fell short of growth estimates, with executives attributing this to tariffs and heightened competition. The company reported a 38% drop in profits, further impacting investor sentiment and contributing to the stock's decline.

Analyst downgrades and bearish options activity have also played a significant role in PDD's recent stock performance. Despite some investor optimism, the overall market sentiment remains cautious, leading to a continued downward trend in PDD's stock price.

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