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PDD Holdings shares fell 22% in August after missing Q2 revenue expectations. Analysts lowered their price targets.
PDD Holdings, the parent company of Temu, shocked investors with its recent earnings report, causing the stock to plummet.
Alibaba shares are trading lower Wednesday, following a decline that has affected many U.S.-listed Chinese stocks.
PDD Holdings Inc. (NASDAQ: PDD) saw a 29% drop after disappointing Q2 results, but analysts remain bullish with price targets r...