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: Xpeng’s stock slides 6.4% premarket after Chinese EV makers’ earnings fall short of estimates

Xpeng Inc.’s stock XPEV slid 6.4% in premarket trade Friday, after the Chinese electric vehicle maker posted weaker-than-expected second-quarter earnings. Xpeng had a net loss of RMB2.80 billion ($0.39 billion), or RMB3.25 per ADS, for the quarter, wider than the loss of RMB2.70 billion, or RMB1.63 per ADS, posted in the year-earlier period. Adjusted per-ADS […] The post : Xpeng’s stock slides 6.4% premarket after Chinese EV makers’ earnings fall short of estimates appeared first on ForexTV... Read More

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Posted: Aug 18 2023, 10:16

Author Name: forextv

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