HomeTechSoftwareMonday's Movers: PDD, BA, NLSN, ADBE
Monday's Movers: PDD, BA, NLSN, ADBE

The markets are relatively unchanged to begin the week. Pinduoduo (PDD) stock price briefly rose in pre-market trading following worse-than-expected earnings. However, shares are now relatively flat. The earnings report indicated $4.27B in revenue versus the $4.51B estimate. How does PDD compare to other China stocks like BABA, BIDU, JD, and TCEHY? Next, Jeff Pierce weighs in on the Boeing (BA) stock price being down sharply following the 737-airplane crash in China in which 132 people were believed to be aboard. Also, Nielsen (NLSN) rejected the Elliot-backed takeover offer and shares are falling today as a result. Finally, Pierce discusses RBC Capital lowering the Adobe (ADBE) price target to $600 from $650 and maintained an outperform rating. The analyst expects positive results in the first quarter earnings report, which is set to be released tomorrow.

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