Celestica Inc
Change company Symbol lookup
Select an option...
CLS Celestica Inc
HNHAF Hon Hai Precision Industry Co Ltd
AZO Autozone Inc
CSCO Cisco Systems Inc
SEDG Solaredge Technologies Inc
SUMO Sumo Logic Inc
$NFGGPRI New Frontier Global Growth Price Ret
AMGN Amgen Inc
BOSC BOS Better Online Solutions Ltd
BORR Borr Drilling Ltd
Go

Information Technology : Electronic Equipment, Instruments & Components | Small Cap Value
Based in Canada
Company profile

Celestica Inc. is a provider of supply chain solutions. The Company operates in electronics manufacturing services business segment. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services. Its products and services serve a range of applications, including servers; storage systems; optical equipment; aerospace and defense electronics; healthcare products and applications; semiconductor equipment, and a range of industrial and alternative energy products, including solar panels and inverters. It designs, manufactures and tests solar panels for the residential, commercial and utility scale markets. It uses technologies in the assembly and testing of its products.

Closing Price
$8.47
Day's Change
-0.16 (-1.85%)
Bid
--
Ask
--
B/A Size
--
Day's High
8.68
Day's Low
8.47
Volume
(Above Average)
Volume:
284,605

10-day average volume:
241,712
284,605

UPDATE: XPeng stock drops to extend selloff after public share offering

2:40 pm ET December 7, 2020 (MarketWatch)
Print

Tomi Kilgore

China-based EV maker looking to sell 40 million U.S.-listed shares to the public; Li Auto's stock set to snap longest-ever losing streak

Shares of XPeng Inc. dropped Monday, to extend last week's selloff, after the China-based electric vehicle maker disclosed a public offering of 40 million shares.

The stock (XPEV) slumped 2.9% in afternoon trading, and has dropped 14.5% amid a three-day losing streak. The stock had tumbled 23.2% last week, which was the biggest weekly loss since the stock started trading in Aug. 27.

The company said in a filing with the Securities and Exchange Commission that it was looking to sell 40 million Class A American depositary shares (ADS) to the public, which represents 80 million ordinary shares. That offering represents about 5.4% of the U.S.-listed shares outstanding, based on data provided by FactSet.

Credit Suisse, J.P. Morgan, BofA Securities and Citigroup are the underwriters of the offering.

The selloff in Xpeng's stock last week was part of broader weakness among its peers, as some analysts cut ratings on valuation concerns (https://www.marketwatch.com/story/xpeng-downgraded-at-ubs-as-stock-has-run-up-too-much-to-keep-buying-11607004263) and other companies also looked to sell shares.

Shares of Li Auto Inc. (LI) bounced 3.5% on Monday, putting it on track to snap a seven-day losing streak (https://www.marketwatch.com/story/li-auto-stock-falls-again-after-public-share-offering-prices-at-10-discount-11607088717) in which they plummeted 30.6%, and Nio Inc.'s stock (NIO) climbed 5.2% Monday after shedding 20.3% last week.

Meanwhile, the iShares MSCI China exchange-traded fund (MCHI) lost 0.6% in afternoon trading after losing 2.1% last week, and the S&P 500 index slipped 0.3% after gaining 1.7% last week.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

December 07, 2020 14:40 ET (19:40 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2021. All rights reserved.