Pinduoduo Stock Plummets -- Is This Good News for Alibaba Stock Investors?

In this video, I will go over Pinduoduo's (NASDAQ: PDD) recent earnings report and what it means for (NYSE: BABA).

*Stock prices used were from the trading day of Aug. 26, 2024. The video was published on Aug. 26, 2024.

Alibaba Group Holding Ltd ADR Stock

A very strong showing by Alibaba Group Holding Ltd ADR today, with an increase of €2.20 (3.010%) compared to yesterday's price.
The stock is one of the favorites of our community with 46 Buy predictions and 3 Sell predictions.
With a target price of 105 € there is a positive potential of 39.26% for Alibaba Group Holding Ltd ADR compared to the current price of 75.4 €.

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