In August, China’s e-commerce giant PDD Holdings (PDD) warned that growth would slow. Bargain hunters took advantage of the stock’s fall, sending shares from below $90 to over $140. The rally did not last, as PDD stock closed at $96.35 on November 29, 2024.Selling worsened after PDD posted Q3 results on November 21. Despite revenue growing by 44% to $14.16 billion, stock markets expected more. Revenue growth will continue to decline in the quarters ahead. PDD faces severe trade restrictions, tariffs, and rising competition from domestic Chinese firms.Advance Auto Parts (AAP) traded around $…