Temu parent PDD extends decline after JP Morgan downgrades stock

By Yahoo! Finance   |   1 month ago
Temu parent PDD extends decline after JP Morgan downgrades stock

Shares of PDD Holdings Inc DRC (NASDAQ:PDD) dropped 4% to $100 after JP Morgan downgraded the stock due to limited financial visibility and uncertainties. Analysts suggest better investment options in JD (NASDAQ:JD) and Alibaba (NYSE:BABA) in the short term.

Read More

Did you find this insightful?