NasdaqGS:PDDMultiline Retail
PDD Holdings (NasdaqGS:PDD) Navigates 4% Dip After Tariff Announcement
PDD Holdings (NasdaqGS:PDD) experienced a 17.74% on-market total return last quarter, amid significant market fluctuations. The company's performance came as part of a broader market context where major indexes like the Nasdaq dropped 5.5% in February, its worst since September 2023. During this time, President Donald Trump's announcement of tariffs on Chinese goods affected U.S.-listed Chinese firms, resulting in a 4% dip in PDD's shares one trading day. While tech stocks overall faced a...