XPeng Inc. Sponsored ADR (XPEV) Stock Sinks As Market Gains: Here's Why

In the latest market close, XPeng Inc. Sponsored ADR (XPEV) reached $8.92, with a -0.56% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.76%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 1.12%.Heading into today, shares of the company had lost 38.52% over the past month, lagging the Auto-Tires-Trucks sector's loss of 13.1% and the S&P 500's gain of 2.5% in that time.The investment community will be closely monitoring the performan ...