Pinduoduo: Together, More Bull, More Bear, More Fun
"Age of Miracles"
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Introduction
The summer of 20 was the summer of pinduo doo. The chinese commerce company that describes itself as cosco meets disney for its mix of great deals and reat fun, flew under the radar for two years after its july 20 18 ipo. Despite unprecedented revenue growth,. Its stock p d d, climbed slowly to only 33 dollars by the time covid lock it locked down the us. In april P d d broke forty. In may, it climbed over 60. It closed june at 85. That explosion, of course, caught the attention of the ta twiterati. By late september, things cooled off for pindoodu.
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