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EV Stocks Rebounded in Morning Trading ,with Li,Xpeng and Faraday Future Rising Over 3%

Tiger Newspress2022-02-04

EV stocks rebounded in morning trading, with Li, Xpeng and Faraday Future rising over 3%.Cathie Wood-led Ark Investment Management on Thursday further raised its exposure in the U.S. listed Chinese electric vehicle maker Xpeng Inc

on the dip, and sold nearly all its balance shares in Paypal Holdings Inc.

The popular money managing firm bought 57,657 shares — estimated to be worth $1.99 million — in the Guangzhou, China-based Xpeng.

The money managing firm has been buying shares in Xpeng via the Ark Autonomous Technology & Robotics ETF.

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评论2

  • KYHBKO
    ·2022-02-05
    EV remains a hot sector going forward as the world transits into sustainable energy.  However, not every company will survive the race.  let us not forget that various legacy auto makers are also privoting into EV.  Choose the ones with strong financial fundamentals, earnings, net debt, FCF before we invest.  Sadly, some of these companies may no longer exist 10 years down the road.
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  • Noobplayer
    ·2022-02-05
    Great
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