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Why is Wall Street souring on PDD stock just before earnings?

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PDD Holdings heads into second-quarter earnings on Monday with Wall Street cautious about how quickly revenue growth can translate into stronger profits. Analysts expect roughly $17.1 billion in revenue and adjusted earnings of about $2.75…

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Why is Wall Street souring on PDD stock just before earnings?
Invezz 2h ago

Why is Wall Street souring on PDD stock just before earnings?

PDD Holdings heads into second-quarter earnings on Monday with Wall Street cautious about how quickly revenue growth can translate into stronger profits. Analysts expect roughly $17.1 billion in revenue and adjusted earnings of about $2.75…