Temu owner’s shares rise as results beat estimates despite tumbling profits
Reported by MarketWatch · marketwatch.com · August 24, 2026
PDD Holdings reported a 12% decline in net profits in the three months ended June 30, surpassing Wall Street consensus.
What the tape says
What to watch: PDD Holdings Inc. (PDD) beat estimates by roughly 12% — check whether the reaction already prices in the surprise before chasing it.
Market reaction today: $PDD -1.48%
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