Skip to Content

Dingdong (Cayman) Limited

Company NameDingdong (Cayman) Limited
Stock SymbolDDL
Class PeriodOctober 24, 2022 to August 25, 2022
Lead Plaintiff Motion DeadlineOctober 24, 2022

In June 2021, Dingdong conducted its initial public offering (“IPO”), selling approximately 4.07 million American Depository Shares (“ADS”) at $23.50 per ADS.

On March 17, 2022, Beijing News published a report stating that Chinese regulators launched a probe into Dingdong for food safety violations, alleging that the Company “replaced labels on expired vegetables and sold frozen fish products as fresh.”

On this news, Dingdong’s ADS price fell $0.46, or 10.8%, to close at $3.37 per ADS on March 17, 2022, thereby injuring investors.

Since the IPO, the Company’s ADSs have traded as low as $2.51 per share, or 89% below the IPO price.

<!-- [if gte mso 9]> <w:LsdException Locked="false" Priority="48" N

Submit Your Information

If you suffered a loss on your Dingdong (Cayman) Limited investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd