Previous close | 7.60 |
Open | 7.60 |
Bid | 6.65 |
Ask | 9.20 |
Strike | 16.00 |
Expiry date | 2024-05-17 |
Day's range | 7.60 - 7.60 |
Contract range | N/A |
Volume | |
Open interest | N/A |
XPeng stock (XPEV) is being driven into the green after the Chinese EV maker beat first-quarter estimates, narrowing expected losses per share. Yahoo Finance's Market Domination checks out XPeng's vehicle delivery guidance for the second quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
XPeng stock rose Tuesday after the Chinese electric-vehicle maker reported better-than-expected first-quarter numbers. A year ago, XPeng reported a per-share loss of 38 cents on sales of $573 million. Quarterly gross profit margins were about 13%, up about 11 percentage points year over year and about two percentage points better than analysts’ forecasts.
Chinese EV maker XPeng Inc (NYSE:XPEV) reported fiscal first-quarter sales growth of 62.3% year-on-year, to 6.55 billion Chinese Yuan ($0.91 billion), beating the analyst consensus estimate of 6.17 billion Chinese Yuan ($0.87 billion). Total revenues declined 49.8% sequentially. Adjusted net loss per ADS of $0.21 beat the analyst consensus loss estimate of $0.27. The stock price gained after the print. The Tesla Inc (NASDAQ:TSLA) rival’s quarterly vehicle deliveries increased 19.7% year-on-year