News Formal

Xpeng’s stock slides 6% after Chinese EV maker’s earnings fall short of estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Wider losses for XPeng weighed on the company's stock as well as on U.S. shares of Nio and Li Auto.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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...
Source: MarketWatch - 🏆 3. / 97 Read more »