HomeIndustriesVehicles & TransportationPDD Faces 'Intensified Competition,' TSLA Price Target Trimmed
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PDD Faces 'Intensified Competition,' TSLA Price Target Trimmed

PDD Faces 'Intensified Competition,' TSLA Price Target Trimmed

Jenny Horne turns to two stories behind some of the premarket's downside trading action. PDD Holdings (PDD) slipped despite its 24% increase in year-over-year revenue. Jenny points to the company's commentary citing "intensified" competition in the ecommerce space. Tesla (TSLA) drove lower after Piper Sandler cut its price target on the stock to a still bullish number.

Morning Trade Live

20 Mar 2025

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