PDD Stock Tumbles. Is Viral App Temu Losing Steam?

PDD stock slid Monday after analysts at Morgan Stanley said the rapid adoption of PDD Holdings' (PDD) Temu shopping app could be "cresting" in the U.S. On the stock market today, PDD stock shed 8.2% to close at 130.15. The drop pushed shares for the China-based company's stock below its 50-day…

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