Why These 5 Stocks Are Moving on Friday

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In this article we take a look at five stocks that are moving on Friday. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Are Moving on Friday.

5. Pinduoduo Inc. (NASDAQ:PDD) is off 3.7% due to continued caution around the Chinese tech sector and the weakness in Alibaba. Given Alibaba and Pinduoduo Inc. (NASDAQ:PDD) are in the same sector, Pinduoduo Inc. (NASDAQ:PDD) is affected by many of the same factors as Alibaba with government regulation remaining a headwind.
Of the around 873 elite funds in our database, 49 were long Pinduoduo Inc. (NASDAQ:PDD) at the end of Q2.

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