Temu Parent Company PDD Faces Slight Selling Pressure Ahead Of Q2 Earnings: Bullish Trends Vs. Bearish Blips

Quick Summary:

Let’s look at what the charts indicate for PDD and how the company, scheduled to report second-quarter earnings on Monday, currently maps against Wall Street estimates.

The current trend for PDD Holdings Inc (NASDAQ:PDD), owner of Temu and Pinduoduo, is moderately bearish.

PDD Bullish Momentum

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Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Tech PDD Markets Stories That Matter Trading Ideas Top Stories Benzinga Pro Project Technicals China Expert Ideas Temu Asia Previews

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 17:03:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 331 words

Reading Time: 2 minutes read

Sentences: 18 lines

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Copyright Owner: © Benzinga

News ID: 22231390

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