XPeng’s Results Miss Forecasts but the Stock Is Soaring



XPeng


investors desperately needed some good news. They didn’t get much with the company’s third-quarter earnings report.

Shares are soaring anyway to start the day. It looks as if the badly beaten up stock already was down enough. Management’s forecasts for fourth-quarter deliveries, which also missed Street estimates, offered a glimmer of hope.

Source: https://www.barrons.com/articles/xpeng-earnings-ev-stock-51669755008?siteid=yhoof2&yptr=yahoo