Form 144 XPENG INC. Filed by: Taobao China Holding Ltd

Go back to Form 144 XPENG INC. Filed by: Taobao China Holding Ltd

EV maker XPeng (XPEV) saw its stock tumble on Friday. Here's why

December 15, 2023 2:57 PM EST

Xpeng (NYSE: XPEV) shares fell more than 7% on Friday, pushing the 3-month performance to more than -20%.

Shares fell following Alibabas (NYSE: BABA) announcement of its plan to reduce its stake in the Chinese electric vehicle (EV)... More