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Why PDD Holdings Inc. Sponsored ADR (PDD) Outpaced the Stock Market Today
PDDPDD(PDD) ZACKS·2024-08-19 22:50

The latest trading session saw PDD Holdings Inc. Sponsored ADR (PDD) ending at $151.11, denoting a +1.22% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.97%. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 1.39%.Heading into today, shares of the company had gained 12.21% over the past month, outpacing the Conglomerates sector's gain of 4.09% and the S&P 500's loss of 1.85% in that time.Analysts and investors alike will be keeping a close eye on ...