Why PDD Holdings Stock Slipped Today

Key Points An analyst downgraded his recommendation on the Chinese ecommerce company. He now feels it's a hold at the current price. 10 stocks we like better than PDD Holdings › The fallout continued for PDD Holdings (NASDAQ: PDD) on Wednesday. One day after reporting earnings that disappointed many investors, the Chinese e-commerce giant's American Depositary Shares (ADSes) took a hit, falling by more than 1% that trading session. That wasn't surprising, considering that an analyst downgraded his ...