PDD Holdings: Sell-Off Creates Big Opportunity
PDD Holdings (NASDAQ: PDD ) reported weaker-than-expected earnings for the first quarter amid a massive trade spat between the U.S. and China that negatively impacted the company’s e-Commerce platform. While Pinduoduo obviously has exposure to this tariff conflict through ownership of Temu, recent signsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PDD, BABA, JD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own op ...