PDD Holdings (PDD) Moves 4.9% Higher: Will This Strength Last?

PDD Holdings Inc. (PDD) shares ended the last trading session 4.9% higher at $152.71. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 49% gain over the past four weeks.PDD Holdings’ rally is primarily driven by optimism about the strong momentum in its Pinduoduo platform, backed by a wide range of product offerings. The company’s growing agriculture business, driven by collaborations with local communities, shops, ...