Published on 8 Apr 2024 on Zacks via Yahoo Finance
XPeng Inc. Sponsored ADR (XPEV) Suffers a Larger Drop Than the General Market: Key Insights
The most recent trading session ended with XPeng Inc. Sponsored ADR (XPEV) standing at $7.38, reflecting a -0.14% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.04% for the day. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.03%.
Shares of the company witnessed a loss of 22.37% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 7.21% and the S&P 500's gain of 2.57%.
The investment community will be closely monitoring the performance of XPeng Inc. Sponsored ADR in its forthcoming earnings report.