Workflow
Here's Why PDD Holdings Inc. (PDD) Gained But Lagged the Market Today
PDDPDD(PDD) Zacks Investment Research·2024-02-22 23:45

In the latest trading session, PDD Holdings Inc. (PDD) closed at $131.62, marking a +1.43% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 2.11%. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 2.96%.The company's shares have seen a decrease of 10.2% over the last month, not keeping up with the Retail-Wholesale sector's gain of 4.94% and the S&P 500's gain of 3.08%.The investment community will be closely monitoring the performance of PDD Holdin ...