Disappointing quarterly figures ended the recovery of the shares of the Temu mother group PDD Holdings abruptly on Tuesday.
The papers recently dropped by 14.5 percent to just under $ 102 (around 90.20 euros) and thus fell back to the level from the end of April. They were also the clear bottom in the very solid technology index Nasdaq 100.
PDD missed the expectations of the analyst: inside. The background is the trade dispute between the United States and China, which even makes business in the United States more difficult even after a temporary relaxation. Currently, goods deliveries with a value of less than $ 800 are no longer excluded from tariffs, plus a minimum tax of $ 100 per package.
The PDD shares recently almost made up for their losses in the course of the sometimes massive US import duels in the course of the at the beginning of April. Due to the course slip on Tuesday, the papers now sagged among all important average lines that describe the short and long-term trends.