XPeng Inc.’s stock fell 6% Friday after the Chinese electric-vehicle maker posted weaker-than-expected second-quarter earnings, with the miss weighing on other Chinese EV makers, as well.
XPeng XPEV had a net loss of RMB2.80 billion , or RMB3.25 per American depositary share, for the quarter, wider than the loss of RMB2.70 billion, or RMB1.63 per ADS, posted in the year-earlier period.
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Xpeng’s stock slides 6.4% premarket after Chinese EV makers’ earnings fall short of estimatesXpeng Inc.’s stock slid 6.4% in premarket trade Friday, after the Chinese electric vehicle maker posted weaker-than-expected second-quarter earnings. Xpeng...
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