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PDD Holdings Posts Weak Results, Joins EHang Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Benzinga·05/27/2025 12:13:03
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U.S. stock futures were higher this morning, with the Dow futures gaining more than 500 points on Tuesday.
Shares of PDD Holdings Inc. (NASDAQ:PDD) fell sharply in today's pre-market trading following weaker-than-expected first-quarter results.
PDD Holdings posted first-quarter earnings of $1.56 per share, missing market estimates of $2.49 per share. The company's sales came in at $13.18 billion versus expectations of $14.17 billion.
PDD shares dipped 15.2% to $101.11 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Prothena Corporation plc (NASDAQ:PRTA) shares fell 31.6% to $4.50 in pre-market trading after the company disclosed that Phase 3 AFFIRM-AL clinical trial for Birtamimab in patients with AL Amyloidosis did not meet primary endpoint.
- Harmony Gold Mining Company Limited (NYSE:HMY) declined 9.8% to $14.29 in pre-market trading after gaining more than 4% on Friday.
- EHang Holdings Limited (NASDAQ:EH) shares fell 8.9% to $15.45 in pre-market trading. EHang Holdings posted a first-quarter adjusted loss of 6 cents per share, versus a year-ago loss of 2 cents per share.
- Ruanyun Edai Technology Inc. (NASDAQ:RYET) shares dipped 8.5% to $12.22 in pre-market trading following a 3% decline on Friday.
- Abeona Therapeutics Inc. (NASDAQ:ABEO) fell 6.1% to $6.03 in pre-market trading.
- ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) fell 5.8% to $27.49 in pre-market trading.
- Ascentage Pharma Group Internat (NASDAQ:AAPG) fell 5.4% to $25.00 in pre-market trading.
- H World Group Limited (NASDAQ:HTHT) declined 3.8% to $34.90 in pre-market trading.
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① During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit: https://www.webull.hk/pricing
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
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