Xpeng Inc
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Consumer Discretionary : Automobiles | Large Cap Growth
Based in China
Company profile

Xpeng Inc is a China-based company engaged in design, development, production and sales of smart electric vehicles (Smart EV). The Company's primary products are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). The Company’s Smart EVs primarily target the mid- to high-end segment in China’s passenger vehicle market. The Company aims developing full-stack autonomous driving technology, in-car intelligent operating system and core vehicle systems in-house through the its proprietary software, core hardware and data technologies. The Company sells its vehicle products under the brand Xpeng. It also provides a range of services to the clients, including supercharging service, maintenance service, ride-hailing service and vehicle leasing service.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Postmarket

Last Trade
Delayed
$9.90
-0.07 (-0.70%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$9.97
Day's Change
-0.84 (-7.77%)
Bid
--
Ask
--
B/A Size
--
Day's High
10.22
Day's Low
9.67
Volume
(Average)
Volume:
45,115,070

10-day average volume:
42,305,618
45,115,070

Activision stock falls after report of 'likely' FTC antitrust lawsuit against Microsoft acquisition

7:02 pm ET November 23, 2022 (MarketWatch)
Print

Activision Blizzard Inc. (ATVI)shares declined in after-hours trading Wednesday following a report that the Federal Trade Commission was likely to file an antitrust lawsuit to block the videogame publisher's acquisition by Microsoft Corp. (MSFT)Politico reported late Wednesday that FTC staff are skeptical of arguments by the companies that the $69 billion acquisition would not give Microsoft an unfair benefit in the videogame market, though commissioners have not yet voted on a lawsuit. Microsoft makes the Xbox videogame console, creating concerns that it would make some of Activision's most popular games -- such as the "Call of Duty" franchise -- exclusive to its platform, shutting out rival Sony Group Corp.'s Playstation. A Microsoft spokesman told Politico that the company "is prepared to address the concerns of regulators, including the FTC, and Sony to ensure the deal closes with confidence." Activision shares fell 4.5% in after-hours trading, while Microsoft's stock increased slightly.

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(END) Dow Jones Newswires

November 23, 2022 19:02 ET (00:02 GMT)

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