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Market Mover | Shares of Temu Parent PDD Slump 26% After Q2 Financial Results
US stocks close: Dow hits new high, technology stocks drag S&P and Nasdaq down, pdd holdings plunges nearly 30%.
① The three major indices rose and fell unequally; ② Semiconductor stocks generally declined, with the PHLX Semiconductor Index down 2.51%; ③ Most popular China concept stocks closed lower, with PDD Holdings plunging over 28%; ④ Apple will hold a product launch event on September 9th local time, and new devices such as iPhone 16 are expected to be released.
Top Gap Ups and Downs on Monday: TM, BABA, PDD and More
PDD Holdings Price Target Cut to $151.00/Share From $193.00 by Jefferies
Dow Closes at Record High; S&P 500, Nasdaq Fall
PDD Holdings Cut to Neutral From Outperform by Macquarie
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Rafey Jan : what do you think is good entry point?
Stock_Drift OP Rafey Jan : Not sure. I almost took a small position this afternoon at $99 and change.![bar_chart 📊](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4ca.png)
![zap ⚡](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/26a1.png)
![bar_chart 📊](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4ca.png)
$PDD Holdings (PDD.US)$