Shares plunged more than 13% intraday; Pinduoduo’s performance continues to suffer.
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On May 27, after Pinduoduo released its financial report for the first quarter of 2026, Pinduoduo’s shares on the US stock market fell by more than 13% at one point after the opening.
The intense reaction of the capital market reflects concerns about Pinduoduo's slowing growth, pressured