The Latest Breaking News from Pinduoduo

A whale with a lot of money to spend has taken a noticeably bearish stance on Pinduoduo. Looking at options history for Pinduoduo (NASDAQ:PDD) we detected 25 strange trades.

Someone with a lot of money to spend has taken a bearish stance on Pinduoduo (NASDAQ:PDD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

 

The Dow Jones was negative while the Nasdaq led the downside. Netflix rose over 1% on news regarding its ad-supported streaming.

The major stock market indexes lost ground in the first half of Monday's session but are holding above intraday lows. The decline follows Friday's high-percentage losses, in reaction to Federal Reserve Chairman Jerome Powell's gloomy inflation speech. The Nasdaq composite is the biggest loser, down 1%. The S&P 500 lost…

The stock market slid Monday after Fed Chairman Jerome Powell's comments on Friday to rein in inflation continued to spark fear among investors. Meanwhile, two Chinese stocks gained on earnings. The Nasdaq composite lost 0.2% while the S&P 500 was down 0.3%. The Dow Jones Industrial Average slid 0.5%. The…

Fed chief Jerome Powell warned Friday to expect some "pain," and the market rally certainly felt it. Here's what to do now.

A whale with a lot of money to spend has taken a noticeably bearish stance on Pinduoduo. Looking at options history for Pinduoduo (NASDAQ:PDD) we detected 23 strange trades.

One of the world’s biggest e-commerce companies is known for rock-bottom prices – and allegedly brutal conditions