PDD Holdings Inc.
Company Name | PDD Holdings Inc. |
Stock Symbol | PDD |
On September 7, 2023, Grizzly Research published a report alleging, among other things, that PDD’s popular shopping app, TEMU, “is the most dangerous malware/spyware package currently in widespread circulation.”
On this news, PDD’s stock price fell $4.98, or 4.9%, to close at $96.61 per share on September 7, 2023, thereby injuring investors.
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