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Why PDD Holdings Stock Was Climbing Today

TheMotleyFool

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Why PDD Holdings Stock Was Climbing Today: https://g.foolcdn.com/editorial/images/769971/china-e-commerce.jpg

Shares of PDD Holdings (NASDAQ: PDD) were popping today after the Chinese e-commerce giant posted another round of blistering growth in its fourth-quarter earnings report. Revenue and operating profit both more than doubled in the period.

As of 9:45 a.m., the stock was up 6% after opening up as much as 16% higher.

Image source: Getty Images.

Source Fool.com

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