DDL Stock Dips Over 5% Amid Market Fluctuations

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Dec 11, 2024

In a recent market movement, Dingdong Maicai (DDL, Financial) experienced a significant stock drop of 5.29%, trading at $4.12 per share with a volume of 500,247 shares. The company's latest financial report shows revenue of $912 million, a net profit of $18.28 million, and earnings per share of $0.08. The company's P/E ratio stands at 32.90. All four rating agencies recommend buying, with no hold or sell suggestions.

In the food and grocery sector, which saw a 0.40% increase, Village Super Market, Natural Grocers, and Meisheng Technology saw notable gains. Meanwhile, Albertsons, Kroger, and Cacafon were active, with significant turnover rates. Dingdong Maicai's volatility was notable, along with Albertsons and Grocery Outlet Holding Corp.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.