XPeng stock falls into bear-market correction territory

Shares of XPeng Inc.

sank 9.0% in premarket trading Wednesday, which puts them on track for a bear-market correction. The China-based electric vehicle maker’s stock, which was headed for a third-straight drop, was set to open about 22% below the July 28 11-month high of $23.39. Many on Wall Street define a bear market as a decline of 20% or more from a significant bull-market peak. At the July 28 peak, the stock had skyrocketed 197% since it closed at a six-month low of $7.87 on May 30.

sank 9.0% in premarket trading Wednesday, which puts them on track for a bear-market correction. The China-based electric vehicle maker’s stock, which was headed for a third-straight drop, was set to open about 22% below the July 28 11-month high of $23.39. Many on Wall Street define a bear market as a decline of 20% or more from a significant bull-market peak. At the July 28 peak, the stock had skyrocketed 197% since it closed at a six-month low of $7.87 on May 30.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

AMD shares rise as chipmaker tops expectations, Starbucks shares fall and other stocks on the moveAMD, Match Group, Starbucks and Electronic Arts are on the move.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Generac’s stock drops as softer consumer backdrop helps spark mixed earningsGenerac Holdings Inc. shares were falling more than 3% in premarket trading Wednesday after the company, which sells generators and other backup power...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »