These 2 Retail Stocks Are Soaring After SCOTUS Strikes Down President Trump's Tariffs
Source: Motley Fool
2026-02-23 15:49:55 ET
On Feb. 20, the Supreme Court ruled that President Trump lacked the legal authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA). That ruling, which nullifies most of the Trump Administration's previous tariffs, lit a fire under many retail stocks.
Two such stocks were Amazon (NASDAQ: AMZN) and PDD (NASDAQ: PDD) , which rose 3% and 4%, respectively, after the Supreme Court's ruling. Let's see if those gains are sustainable.
Image source: Getty Images.
PDD Holdings Inc.
NASDAQ: PDD
PDD Trading
1.95% G/L:
$102.05 Last:
2,463,376 Volume:
$101.61 Open:
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PDD Stock Data
$150,113,416,892
1,401,191,058
N/A
229
N/A
Retail - Discretionary
Consumer Discretionary
CN
Dublin 2
