PDD Holdings: Price Crash Could Be A Buying Opportunity
PDD(PDD) Seeking Alpha·2024-08-28 00:46
Robert Way Article Thesis PDD Holdings Inc. (NASDAQ:PDD) reported stronger-than-expected profits for the most recent quarter, but revenues missed estimates and management's comments suggest that growth will slow down going forward. This has resulted in a hefty share price reaction, which might be an overreaction, as PDD wasn't expensive even before this share price pullback. Past Coverage I have covered PDD Holdings Inc. here on Seeking Alpha, in an article from earlier this year. I gave the company a " ...