PDD Holdings (PDD) Stock Looks Cheap After A 39% Slide

PDD Holdings has seen its share price fall sharply over the past year, which puts a spotlight on one basic question for investors: Is the current valuation still in line with what the business is earning today and what those earnings may support over time? The stock is down 39.5% over the past year, which raises the issue of whether the market is reassessing what its earnings power is worth. Fresh scrutiny of Temu's data privacy and product safety practices, including a Texas settlement and...