Why PDD Holdings Stock Popped on Monday

Shares of rising Chinese e-commerce star PDD Holdings (PDD 3.95%) are rising themselves Monday morning, up 3.8% through 10:05 a.m. ET. The reason?Last night's Super Bowl featured a long list of commercial advertisers. One of the most often repeated ads over the course of those five quarters of football featured an orange-themed paean to shopping on fast-fashion website Temu -- which as it so happens is owned by PDD Holdings.The Temu adThis morning, Temu investors aren't exactly shopping "like a billionaire. ...