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Shares of Temu parent company PDD plunge almost 29%; 'too large a correction', says analyst

CNBC
Summary
Nutrition label

84% Informative

Chinese online retailer PDD Holdings saw its largest one-day loss since listing on the Nasdaq on Monday .

Company failed to meet expectations in its second quarter results.

Analyst Shaun Rein said the "panic was overblown last night ," and that this would be a good opportunity for investors to buy into the stock.

VR Score

90

Informative language

91

Neutral language

81

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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