Pinduoduo Inc – ADR (NASDAQ: PDD) shares fell 8.84%, or $8.6 per share, to close Monday at $88.71. After opening the day at $89.74, shares of Pinduoduo fluctuated between $95.35 and $87.35. 16,262,727 shares traded hands an increase from their 30 day average of 7,381,850. Monday’s activity brought Pinduoduo’s market cap to $103,126,257,842.
About Pinduoduo Inc – ADR
Pinduoduo provides an online marketplace that connects millions of agricultural producers with consumers across China. Pinduoduo aims to bring more businesses and people into the digital economy so that local communities can benefit from the increased productivity and convenience through new market opportunities.