Why PDD Holdings Stock Slipped 13.6% This Week
Why PDD Holdings Stock Slipped 13.6% This Week
Shares of PDD Holdings (NASDAQ: PDD) fell 13.6% this week, according to data from S&P Global Market Intelligence. A Chinese technology giant that owns the e-commerce website Temu and its homegrown
Rough week for PDD. Growth's solid, but those rising costs are a real concern. I've definitely noticed how much Temu rewards pushes its program lately must be expensive to run. Might be a buying opportunity if they figure out the profitability part.
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