Largest Negative One-Day Changes for PDD

How does PDD usually behave after a large single-day down move in the stock price?

Using the 12 largest single-day down moves over the last 3 years in PDD stock, the average move was -7.2% with the single largest daily move of -8.8% occurring on 24-Feb-2025. The following day, PDD stock price averaged -0.5% losses, with down moves exceeding up moves. The stock was down 67% of the time in that period one day after these significant moves. Earnings dates have been excluded from this analysis.

Catalysts

5 of the moves coincided with a company-issued press release.

1 Week After

The following week, PDD stock price averaged -3.6% losses, with down moves exceeding up moves across 12 observations. The stock was down 83% of the time in that period one week following these significant moves.