Temu-Owner PDD's Shares Dive After Warning of Worsening Profit [Yahoo! Finance Canada]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
alibabagroup.com/en/ir/home
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- PDD Holdings Inc.'s shares plunged after warning that its profitability will trend downward over time because of intensifying competition in its home market of China. Most Read from Bloomberg PDD, which competes with Alibaba Group Holding Ltd., said its team was struggling to catch up with unspecified rivals because of a lack of expertise. Executives also reiterated the company's guidance from August that sales and profit growth will slow going forward. Its stock slid as much as 10% in early US trading. That downbeat outlook emerged after PDD reported quarterly sales and profit that missed estimates, lending weight to fears that China's slowdown is hurting its biggest tech companies more than anticipated. The disappointing results highlight how PDD, despite a thriving overseas business anchored by hot shopping app Temu, is grappling with anemic Chinese consumer spending. A quarter ago, PDD issued a surprisingly strong warning about a slowdown in the world's No. 2
Show less
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- Baidu Shares Drop as Q3 Online Marketing Revenue Falls Short; Cloud Business Gains [Yahoo! Finance]Yahoo! Finance
- The crypto-tycoon who bought the world's most infamous banana for $6.2million [Yahoo! Finance]Yahoo! Finance
- Delving Beyond Alibaba's Q2 Earnings: Should You Buy the Stock? [Yahoo! Finance]Yahoo! Finance
- 5 Best Value Stocks With Discounted PEG to Boost Your Portfolio Return [Yahoo! Finance]Yahoo! Finance
- PDD Stock Plummets: Profit Warning Highlights China Market Struggles [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 11/15/24 - Beat
BABA
Sec Filings
- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K
- 11/20/24 - Form 6-K
- BABA's page on the SEC website