Is it Time to Buy PDD After Third-Quarter Earnings Send Shares 18% Higher? 3 Things to Consider…

By |2023-12-07T19:47:22+00:00November 28th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Temu parent company PDD Holdings (PDD) reported third-quarter earnings that came in well above what analysts were expecting, sending shares more than 18% higher Tuesday morning. The Chinese holding company is known primarily for its fast-fashion brand Temu, which is quickly becoming a household name. It’s previously been compared to Shein, a foreign discount [...]