PDD Holdings Inc. ADR Plunges 7.48% Amid Retail Sector Slump

PDD Holdings Inc. ADR experienced a significant decline, with its share price falling to its lowest level since August 2023 today, marking an intraday drop of 7.48%.

PDD Holdings Inc. ADR's stock price has been influenced by broader negative sentiment in the retail sector. On March 27, 2025, the company's stock experienced a notable decrease, with reports indicating a drop of -3.79% and -4.14% in related stock quotes. This decline suggests that negative retail sector news, possibly related to consumer confidence, may have impacted PDD Holdings' stock.

Additionally, the negative impact of tariffs on the AI/Tech sector poses potential challenges for China-founded sellers like PDD Holdings. The company's platform, Temu, may face difficulties due to these tariff-related issues, further contributing to the stock's volatility.