PDD (PDD) shares were down 1.7% in recent Wednesday trading after Bernstein downgraded the commerce firm's stock to market perform from outperform and lowered its price target to $135 from $140.
Trading volume stood at more than 9.2 million shares against a daily average of around 9 million.
Price: 117.56, Change: -2.02, Percent Change: -1.69
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