PDD is having a rough reaction to its Q2 earnings. Temu’s parent company swung around 10% in pre-market trading, while Wall Street analysts cut their price targets to the $80 to $127 range. The reaction shows how closely investors are watching PDD’s growth outlook and e-commerce business. $SOL Now the bigger question is whether this is simply an earnings reaction or the beginning of a broader reset. PDD is definitely back in focus as the market continues digesting the latest numbers.