Why PDD Holdings Inc. Sponsored ADR (PDD) Dipped More Than Broader Market Today
PDD Holdings Inc. Sponsored ADR (PDD) closed the latest trading day at $117.38, indicating a -0.9% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.39%. Meanwhile, the Dow lost 0.27%, and the Nasdaq, a tech-heavy index, lost 0.38%.The company's stock has climbed by 25.53% in the past month, exceeding the Retail-Wholesale sector's gain of 12.4% and the S&P 500's gain of 13.07%.The investment community will be paying close attention to the earnings performance of PDD Hold ...