XPeng's stock rises toward first gain in 4 sessions

Dow Jones2020-12-08

MW XPeng's stock rises toward first gain in 4 sessions

Shares of XPeng Inc. $(XPEV)$ bounced 3.7% in premarket trading Tuesday, which puts them on track to snap a three-day losing streak in which they dropped 13.8%. The stock had been pushed lower after the China-based electric vehicle maker announced Monday a public stock offering of 40 million shares has tacked on 10.6% and the S&P 500 has gained 10.8%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

$(END)$ Dow Jones Newswires

December 08, 2020 08:44 ET (13:44 GMT)

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boboyotig
2020-12-08
boboyotig
Finally! Looking for it to rebound !

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