What's Happening With Xpeng And Nio Today?
Xpeng Inc – ADR (NYSE:XPEV) shares are trading higher by 5.5% at $26.14 Thursday morning after the company reported better-than-expected first-quarter ADS and sales results.
XPeng reported quarterly losses of 13 cents per share which beat the analyst consensus estimate of a loss of 16 cents per share. The company reported quarterly sales of $450.40 million which beat the analyst consensus estimate of $432.07 million.
Nio Inc – ADR (NYSE:NIO) shares are trading higher by 1.6% at $34.23 in sympathy with Xpeng's first-quarter earnings results.
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