What’s Up With Pinduoduo’s Stock Today?
Pinduoduo Inc (NASDAQ: PDD) is trading significantly higher Tuesday after the company announced second-quarter financial results.
10 Consumer Discretionary Stocks Showing Unusual Options Activity In Today’s Session
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38 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Triple-S Management Corporation (NYSE: GTS) shares jumped 45.3% to $35.15. GuideWell Mutual Holding Corporation, parent of Blue Cross and Blue Shield of Florida Inc, will acquire Triple-S Management for an equity value of approximately $900 million.
Investors Cheer Pinduoduo’s Q2 MAU Growth Despite Revenue Miss
Chinese agriculture and interactive commerce platform Pinduoduo Inc (NASDAQ:PDD) reported second-quarter FY21 revenue growth of 89% year-on-year to $3.6 billion, missing the…
Recap: Pinduoduo Q2 Earnings
Shares of Pinduoduo (NASDAQ:PDD) rose 5.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 4500.00% over the past year to $0.44, which beat the estimate of ($0.15).
Pinduoduo Q2 Adj. EPS $0.44, Sales $3.57B Miss $4.20B Estimate
Pinduoduo (NASDAQ:PDD) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $(0.15) by 393.33 percent. This is a 4500 percent increase over losses of $(0.01) per share from the same
20 Stocks Moving in Tuesday’s Pre-Market Session
Gainers
Baudax Bio, Inc. (NASDAQ: BXRX) rose 48.3% to $0.777 in pre-market trading after gaining over 3% on Monday. The company, earlier during the month, reported downbeat quarterly results.
Earnings Scheduled For August 24, 2021
Companies Reporting Before The Bell
• 36KR Holdings (NASDAQ:KRKR) is likely to report earnings for its second quarter.
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This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.