The Loopy Journey of NIO, Li Auto, and XPeng Stock
Dow Jones – The Loopy Journey of NIO, Li Auto, and XPeng Stock
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Chinese language electric-vehicle stocks are on hearth. And the share-price volatility is one thing to behold. Li Auto and NIO—in addition to XPeng—slid to finish within the pink Friday after beginning out a lot larger. It was an unbelievable reversal.
Li Auto stock (ticker: LI) broke $40 a share in early buying and selling after reporting third-quarter numbers. Shares had been up greater than 28% on the peak. The stock then briefly dipped into the pink and bounced again, up 4.6% on the day in noon buying and selling. Shares closed down 1.8%.
NIO…
Market information on CNN.
Dow Jones – The Loopy Journey of NIO, Li Auto, and XPeng Stock
