PDD Holdings stock rises 8.37% as market gains boost investor sentiment

PDD Holdings Inc. (NASDAQ:PDD) saw its stock rise by 8.37% on Tuesday, closing at $114.05. This increase followed a decline the previous day, as investors engaged in bargain-hunting. The stock's performance was influenced by broader market gains, with all major indices finishing higher. Positive sentiment was also linked to China's response to U.S. tariffs amid ongoing trade tensions. PDD Holdings benefits from a "de minimis" exemption, allowing low-cost imports to the U.S. without customs fees. This advantage supports its e-commerce platform, Temu, as it competes in the U.S. market.