Why Applied DNA Sciences Shares Are Trading Lower By Around 68%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of Applied DNA Sciences, Inc. (NASDAQ:APDN) fell sharply during Tuesday's session after the company announced the pricing of a $12 million public offering.Applied DNA Sciences shares tumbled 67
Why Sea Limited Shares Are Trading Lower Today
Sea Limited (NYSE:SE) shares are trading down Tuesday after one of its subsidiaries was accused of suspected anti-competition breaches in Indonesia.The Details: E-commerce platform Shopee, which is ow
'Election Risks And Potential Tariffs' Among Other Geo-Political Issues Impacting Temu's Parent PDD, Says Analyst: 'Leading Many To Attach Zero Or Even Negative Value'
The stock of $PDD Holdings(PDD.US)$ the parent company of Temu, is currently trading at its lowest level ever. This is despite the company's robust growth and performance in the e-commerce sector.PDD'
Express News | Sea's Stock Dropped 8% Pre-Market as Indonesia's Antitrust Agency Investigates the Company for Possibly Privileging Its Delivery Service
Hello Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining around 0.5% on Tuesday.Shares of Hello Group Inc. (NASDAQ:MOMO) fell sharply in today's pre-market trading following
China Stocks' Rally Sustainability to Hinge on Policy Delivery: Goldman
Kinger Lau, chief China equity strategy at Goldman Sachs, discusses the outlook for the nation's stocks and the opportunities he sees. He speaks on "Bloomberg: The China Show."
Deckers Outdoor +13% Posts Upbeat Earnings, Joins PDD, Magnite, Merus Climbing
U.S. stocks were higher, with the Nasdaq Composite gaining around 80 points on Friday.Shares of Deckers Outdoor Corporation (NYSE:DECK) rose sharply during Friday's session after the company reported
PDD Upgraded to Buy Following Epic Revenue Growth: Goldman Sachs
NetEase is waiting for new hits
Boosting market confidence.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
E.l.f. Beauty Posts Upbeat Earnings, Joins Nvidia, LiveRamp Holdings, Borr Drilling And Other Big Stocks Moving Higher On Thursday
U.S. stocks were mixed, with the Dow Jones index falling around 250 points on Thursday.Shares of e.l.f. Beauty, Inc. (NYSE:ELF) rose sharply during Thursday's session after the company reported better
Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday's Top Movers
On Thursday, Wall Street opened the session with significant milestones as the S&P 500 and the Nasdaq 100 indices surged to new record highs. This rebound was driven by Nvidia Corp. (NASDAQ:NVDA), whi
Key Takeaways From PDD Holdings Analyst Ratings
In the last three months, 10 analysts have published ratings on PDD Holdings (NASDAQ:PDD), offering a diverse range of perspectives from bullish to bearish.Summarizing their recent assessments, the ta
B of A Securities Maintains Buy on PDD Holdings, Raises Price Target to $206
B of A Securities analyst Joyce Ju maintains PDD Holdings (NASDAQ:PDD) with a Buy and raises the price target from $191 to $206.
After issuing convertible senior notes, will JD be followed by Ali?
JD issues convertible bonds, and Ali will follow suit. Who might be next? On Wednesday, Alibaba's Hong Kong stock fell by more than 5%. According to the news, people familiar with the matter said that Ali is considering issuing convertible bonds and plans to raise about 5 billion US dollars in capital. Earlier, on May 21, JD announced that it plans to issue convertible bonds with a total scale of 1.75 billion US dollars. After three consecutive days of decline, JD Hong Kong stocks fell by more than 4% today. JD said that the issuance of convertible bonds will enable it to use low financing costs (0.25% coupon rate) to speed up the share repurchase process at the current stock price. The conversion price is 45.7%, and the market price premium is about 35%. In response, HSBC said: Mutual
PDD Holdings Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/22/2024 84.93% UBS $248 → $272 Maintains Buy 03/21/2024 29.18% JP Morgan $195 → $190 Maintains Overweig
Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report
Earnings Call Summary | PDD Holdings(PDD.US) Q1 2024 Earnings Conference
The following is a summary of the PDD Holdings Inc. (PDD) Q1 2024 Earnings Call Transcript:Financial Performance:PDD's total revenue for Q1 2024 reached RMB86.8 billion, a 131% increase year over year
Alibaba Rival PDD's Explosive Growth Continues, Revenue More Than Doubles
PDD Holdings Inc (NASDAQ:PDD) reported fiscal first-quarter 2024 revenue growth of 131% year-on-year to $12.02 billion (86.81 billion Chinese yuan), beating the analyst consensus estimate of $10.65 bi
The three major US stock indexes had mixed ups and downs. Pinduoduo rose more than 4%, and Tesla fell more than 2%
Pinduoduo's Q1 net profit surged 202% year on year, and revenue increased 131%. Target fell 10%, the biggest drop since November 2022.