Tag: XPeng stock

  • Pre-Market Rally For XPeng (XPEV) Fueled By Financial Results

    Pre-Market Rally For XPeng (XPEV) Fueled By Financial Results

    During the most recent pre-market session, XPeng Inc. (NYSE: XPEV) saw a 6.35% increase in its stock price, reaching $20.94. The company’s unaudited financial statistics for the first quarter of 2025, which showed a notable increase in both sales and output, were released after this surge.

    Amazing Increase in Car Deliveries

    Despite a generally weak auto sales season, XPeng provided 94,008 cars in the quarter ending March 31, 2025, a 330% increase year over year and a new record for the company. This accomplishment also established XPEV as the top carmaker among up-and-coming EV producers.

    Improved Market Position and Strategy for Growth

    XPeng reiterated its dedication to a three-year product cycle approach and credited the good quarterly results to positive market feedback. While strengthening its physical presence, the corporation keeps releasing models that are in high demand. In 223 cities, XPEV has 690 retail locations as of the end of March.

    Its self-operated charging network also grew to 2,115 stations, including 1,089 XPENG S4 and S5 ultra-fast charging stations, improving EV users’ accessibility and convenience.

    Margin Improvement and Financial Milestones

    Financially speaking, XPeng recorded total quarterly revenues of RMB15.81 billion (US$2.18 billion), which is a significant growth of 141.5% over the previous year. The ongoing improvement in vehicle gross margins, which have now increased for seven straight quarters, was a major highlight.

    The company’s improved cost efficiency supported its total 15.6% gross margin. Additionally, it is anticipated that robust free cash flow creation would sustain continued expenditures in product research and development as well as artificial intelligence technology.

    Prospects for Product Innovation and Q2

    XPeng predicts that between 102,000 and 108,000 vehicles would be delivered in the second quarter, representing a projected increase of 237.7% to 257.5% annually. Revenues for that quarter will range from RMB17.5 billion to RMB18.7 billion.

    By April 30, the business had delivered 129,053 automobiles so far this year, including 35,045 vehicles in April alone. Notably, XPEV demonstrated its ongoing commitment to cutting-edge mobility solutions on April 15 by introducing the 2025 XPENG X9 model, which comes with its in-house Turing AI Smart Driving technology.

  • XPeng (XPEV) Stock Gains Momentum During Pre-Hour Trading

    XPeng (XPEV) Stock Gains Momentum During Pre-Hour Trading

    The stock price of XPeng Inc. (NYSE: XPEV) is on a significant increase today, rising 7.40% to $19.30 as of the last check in pre-market activity today. This raise comes after the business just entered Poland, which was a major turning point in its development plan.

    Expanding into the Polish Market

    Hundreds of prominent people from the business, media, and automobile industries attended a lavish event held at the MOXO club in Warsaw to commemorate XPeng’s formal debut on the Polish market. Three of the company’s flagship electric vehicles (EVs), with Euro NCAP 5-star safety ratings, were introduced during the event: the G9 SUV, the G6 coupe SUV, and the P7 sedan.

    The highlight of the evening was the introduction of the XPeng X2, a revolutionary electric vertical takeoff and landing (eVTOL) vehicle exemplifying its ambition to become a leader in flying cars and AI-driven mobility.

    Polish Electric Mobility Enters a New Era

    With this introduction, XPEV is poised to revolutionize electric transportation in Poland by providing automobiles that blend state-of-the-art performance, creative design, and cutting-edge technology. It is anticipated that the Polish market would accept the company’s transportation concept for the future.

    Inchcape, the company’s exclusive distributor in Poland, will guarantee the availability of XPEV vehicles throughout the nation by offering comprehensive customer assistance. Inchcape is in a good position to market the brand and encourage the expansion of the EV industry because of its more than 20 years of expertise in the Polish automotive industry.

    Advanced Technology and Impressive Performance

    Apart from their distinctive appearance, XPeng’s cars stand out for their state-of-the-art technological features. Its Smart Electric Platform Architecture (SEPA 2.0) enhances manufacturing efficiency and charging capabilities, adding 120 kilometers of range in only five minutes.

    To guarantee a remarkable driving experience, the cars also include high-end interiors and powerful NVIDIA Orin X CPUs. XPeng (XPEV) provides a worry-free electric driving experience with its outstanding range (up to 576 km for the P7, 570 km for the G9 and G6), free over-the-air upgrades, and comprehensive 7-year guarantee.

  • XPeng (XPEV) Stock Rises As Analysts Recognize Growth Potential

    XPeng (XPEV) Stock Rises As Analysts Recognize Growth Potential

    XPeng Inc. (NYSE: XPEV) stock is experiencing a notable rise on the US stock charts today, climbing 4.36% to $18.92 as of the last check. The spike in XPEV share price follows an upgraded rating from financial research firm UBS, which revised its recommendation for XPeng from a lower stance to Neutral.

    AI Investments Drive Renewed Investor Confidence

    UBS analysts attributed the rating adjustment to the evolving perception of AI’s value in equity markets. The recent disruptions caused by DeepSeek have led investors to reevaluate the financial potential of AI, even in industries where its application remains in early stages.

    Since XPeng devotes almost half of its yearly research and development (R&D) budget to AI and intelligent systems, the business has set itself apart from other Chinese EV manufacturers with its significant emphasis on software development and autonomous driving technologies.

    Despite this technological edge, UBS remains cautious about XPeng’s ability to compete in the highly competitive mass-market EV segment. However, on ST screener, XPEV is rated as a “Buy” in the Auto Manufacturer industry. For more information on the peer stock and to make well-informed decisions, those who are interested in comparable stocks can click on our ST screener link.

    XPeng’s Expansion into the UK Market

    The fact that XPeng officially entered the UK market this month is another important element driving the stock’s upward trend. International Motors Ltd. (IML), a well-known car distributor with almost 50 years of expertise, has partnered with XPeng to aid its arrival into the UK.

    The XPENG G6, a mid-size all-electric coupe SUV, is the company’s first right-hand-drive car, and pre-sale have begun. This action places XPeng in one of the biggest and fastest-growing automotive and electric vehicle markets globally, marking a significant turning point in the company’s global expansion plan.

    Strategic Plans for Market Growth

    In 2024, the UK became the largest EV market in Europe and is still one of the world’s most important right-hand-drive areas. XPeng and IML have big ambitions to open 20 dealerships around the UK by 2025 since they see this as an opportunity. With this expansion, XPeng’s cutting-edge car portfolio will have a wider regional reach while also improving consumer accessibility and assistance.

  • XPeng (XPEV) Reports Positive Financials, Sees Pre-Market Stock Surge

    XPeng (XPEV) Reports Positive Financials, Sees Pre-Market Stock Surge

    In today’s pre-market session, shares of XPeng Inc. (NYSE: XPEV) are rising following the release of its financial results. As of the last check, XPeng’s stock was up 5.31% to $8.72 on the US charts.

    Excellent Q1 2024 Results And AI Leadership

    XPeng Inc. (XPEV) retained its cutting-edge position in the mass production of AI-based large models in the Chinese automotive sector. The company reports that Q1 2024 saw 21,821 automobile deliveries, increasing 19.7% from 18,230 deliveries at the same period in 2023. XPeng is certain it can successfully launch competitive global models and propel the industry for AI-enabled smart car technology.

    In spite of fierce competition in the industry, XPeng’s gross profit margin increased significantly to 12.9%. Furthermore, overall sales increased by 62.3% to RMB6.55 billion (US$0.91 billion). This result highlights XPeng’s creative strategy for boosting profitability and growing its potential for worldwide markets by utilizing cutting-edge smart technology.

    Technological Innovations And Strategic Alliances

    At the XPeng AI DAY event, themed “Pioneering a New Era of Smart AI Driving,” the company showcased its cutting-edge advancements in AI technology. It also announced the full rollout of the XOS 5.1.0, Tianji, in-car operating system to all eligible XPeng models.

    Transformation Of The Chinese Automotive Market

    The Chinese automotive market is experiencing a transformation driven by AI technology, shifting from electrification to smartification. AI-powered smart vehicles are evolving rapidly, offering more human-like decision-making and enhanced, safer driving experiences through comprehensive data iteration.

    For XPeng, AI Smart EVs embody three core characteristics: active learning, rapid growth, and personalized experiences. The core technology involves training AI large models with extensive rule sets to improve their understanding, perception, and decision-making abilities in complex scenarios.

    XPeng has developed fundamental algorithms for perception, positioning, planning, and decision-making, and has established robust data processing capabilities both on vehicles and in the cloud. This enables rapid algorithm iteration based on real data, continuously enhancing autonomous driving capabilities through over-the-air (OTA) updates.

  • Xpeng (XPEV) Surged by An Astounding 25% Today

    In a remarkable turn of events, XPeng Inc. (NYSE: XPEV), the trailblazing Chinese smart EV company, witnessed a momentous surge in its shares, skyrocketing by an astounding 25.13% during Wednesday’s trading session.

    This surge led the company’s stocks to reach a substantial price of $19.22, solidifying XPeng’s position as a prominent player in the global electric vehicle market.

    Breaking headlines unveiled a groundbreaking collaboration that promises to reshape the future of the EV industry. XPENG (XPEV) and the legendary Volkswagen Group proudly announced a strategic technical partnership that would propel both companies to new heights.

    This visionary alliance aims to combine their unique strengths and create a powerful, long-term win-win partnership.

    Underpinning this strategic vision, the two giants also entered into a share purchase agreement, signifying a strategic minority investment by the Volkswagen Group in XPENG.

    The deal involves the issuance of Class A ordinary shares, equivalent to approximately 4.99% of XPENG’s outstanding share capital, valuing at a staggering $700 million. This strategic investment solidifies their commitment to a shared future of innovation and growth.

    A focal point of this collaboration revolves around the development of two B-class battery electric vehicle (BEV) models, set to grace the Chinese market under the prestigious Volkswagen brand. Leveraging XPENG’s cutting-edge G9 platform and Connectivity and ADAS software, the duo plans to introduce these highly-anticipated models by 2026.

    The world can expect a revolutionary blend of Volkswagen’s expertise and XPENG’s technological prowess.

    However, the collaboration’s ambitions do not end there. Both companies are eager to explore additional strategic cooperation in various domains, such as future EV platforms, software technologies, and supply chain enhancements.

    This opens up a world of possibilities for groundbreaking innovations that could change the way we perceive and interact with electric vehicles.

    The road to this grand alliance is paved with meticulous planning and project feasibility studies. As such, the discussion on the Strategic Technical Collaboration is currently ongoing, with its success determining the course of their future partnership.

    The mutual admiration for each other’s strengths is evident in this partnership. While XPENG will share its state-of-the-art Smart EV technologies and world-class design and engineering capabilities with Volkswagen, the latter will reciprocate by sharing its invaluable expertise.

    This symbiotic relationship perfectly aligns with Volkswagen’s “in China for China” strategy, cementing its place in the hearts of local consumers.

    With this game-changing collaboration, Volkswagen aims to accelerate the expansion of its local electric portfolio, taking the EV market by storm.

    Simultaneously, XPENG is poised to learn and grow exponentially, preparing themselves for the next revolutionary leap in automotive innovation.

    The XPENG-Volkswagen partnership stands as a testament to the power of collaboration and innovation.

    As two industry giants join forces, the world can only watch in anticipation as they rewrite the rules of smart EVs, driving us into a new era of sustainable, electrifying mobility.

  • The 3 Best Chinese EV Stocks in the stock market to buy

    The 3 Best Chinese EV Stocks in the stock market to buy

    The EV market of China is way bigger than the rest of the world. So, Chinese EV stocks are full of potential.

    The investors would remember 2020 as the year of electric vehicle (EV) stocks. Tesla Inc. (TSLA) is leading the EV brand in the market and has been facing competition from East Asia—the Chinese EV start-ups.

    Tesla has a lot of hype around its brand because of the innovative CEO, Elon Musk—who is an icon in the tech world. Moreover, Elon has been in the business for a while now and Tesla has grown over the years to become a more mature EV company.

    Nonetheless, the emerging Chinese EV companies have got the spotlight with increasing demand in the country. Also, the demand is starting to grow in Europe and other parts of the world. The Chinese EV firms will grow bigger as they expand their ecosystem around the world—in the next few years.

    Moreover, the Chinese EV stocks have bamboozled the sector with remarkable growth—along with Tesla. Here are the three best Chinese EV stocks to buy considering the long-term prospect.

    Xpeng (XPEV)

    Xpeng Motors (XPEV) has created a lot of buzz in the EV market. The company produces and sells premium EVs which include the G3 SUV and the P7 four-door sedan. Xpeng’s premium models are giving some competition to Tesla’s Model Y SUV and Model 3 sedan.

    In 2019, the G3 SUV was among the top three electric SUVs with the majority sales in China. The fact that Xpeng began production in late 2018, so it was swift for the company to get going.

    Over the past two years, the company has developed its ecosystem across China. The company has been reporting record deliveries for its EVs over the sequential months. In Dec. 2020, Xpeng reported a record monthly delivery of 5,700 vehicles, a whopping 326% increase year-over-year (YoY) and a 35% over the past month. The quarterly delivery also got the record figures with 12,964 vehicles in Q4 2020, up by 303% YoY and 51% from Q3 2020. During the full-year 2020, the company delivered 27,041 EVs, soaring over 112% YoY.

    Most importantly, XPeng stock has sustained its growth, which is a good sign in the long-term run. The EV market is still evolving and in the coming years, it will get bigger. So, XPeng (XPEV) stock is a buy aiming for long-term growth.

    Li Auto (LI)

    Li Auto (LI) is another innovative Chinese EV company, which is currently making only one electric vehicle—the Li ONE SUV. The company focuses on vehicles that have a small gasoline engine that can power additional electric power for the battery. The fact that EV-charging infrastructure is limited in China—the industry is still emerging. So, Li is adopting the EV structure according to the circumstances. That’s the reason its only vehicle Li ONE SUV is in high demand.

    In Dec. 2020, the company delivered 6,126 Li ONEs, almost 31.9% more compared to the prior month and 529.6% YoY. While its competitor Nio sold 7,007 units of its three SUV models, combined. While, Li’s Q4 deliveries reached 14,464, 67% high than Q3—topping the company’s guidance by 20.5%.

    Li Auto is playing smart and wants to access all the risks before they expand their EV portfolio. Moreover, its only SUV is doing great so far, which lifts the long-term success potential. Li’s sales are anticipated to grow by almost 112% this year.

    Nio Ltd. (NIO)

    Nio Ltd. (NIO) is another big fish in the Chinese EV market. NIO shares have soared over 110% over the last three months. The company produces three premium electric SUVswhich include ES8, ES6, and EC6.

    Nio is focused on self-driving technology and also offers services like Battery as a Service (BaaS)—which offers users to subscribe for car batteries. Recently, the company scaled up its production to meet the growing demand. Last year, reports of around 5,000 vehicles were registered of multiple fires—on a negative side. 

    However, Zacks has upgraded Nio’s full-year earnings to 29.51% in the last three months. The bullish analyst sentiment is driven by a positive earnings outlook trend. As per Zacks, the company has returned approximately 27.10% since the beginning of the calendar year. Whereas, in the meantime, Auto-Tires-Trucks stocks have popped up at an average of almost 15%. So, the Chinese EV stock is performing way better than the rest of the sector.

    So, Nio Ltd. (NIO) along with Li Auto (LI) and Xpeng Motors (XPEV) are the three best Chinese EV stocks to buy for long-term growth.

  • Where The Li Auto (LI), XPeng (XPEV) Stocks Are Heading To

    While Chinese manufacturers including NIO Limited (NIO), Li Auto Inc (LI), and XPeng Inc (XPEV)   have been posing a competitive threat to Tesla, the U.S. automaker delivered five times as many cars worldwide last year as the three startups combined.

    Wedbush analyst Dan Ives believes that the biggest gain from the high demand for electric cars in China will get Tesla, with its plant with an annual production capacity of 250,000 cars.

    Over the weekend, the analyst reiterated his earlier view that global demand for electric vehicles “will see a major turnaround” in 2021 and “sales could double over the next few years, given pent – up demand for electric vehicles across all price categories.”

    Ives expects that with further growth in China, Tesla will be able to deliver one million vehicles worldwide by 2022.

    But in the presence of all these facts, business developments in Li Auto and Xpeng Motors for being smaller rivals could not be ignored as these are moving ahead at a faster pace.

    This is heading 4

    Last Friday, Li Auto reported a sharp jump in sales of its only electric vehicle, the Li-One, in December by 530% to 6,126 units. Li shipments in the fourth quarter rose 67% from the previous quarter to 14,464 units, higher than the company’s plans. For the whole of 2020, Li Auto delivered 32,624 vehicles. Mass production of the Li-One began in November 2019.

    This is heading 4

    Sales of Xpeng Motors, which sells G3 SUVs and P7 sedans, also jumped 326% to 5,700 electric vehicles in December. Xpeng sales increased 303% in the fourth quarter to 12,964 units and more than doubled for the full year 2020 to 27,041 units. The P7 sedan, which began mass deliveries at the end of June last year, accounted for more than half of annual sales.

    This is heading 4

    Li Auto’s shares have increased by 97 percent since the IPO on 30 July 2020 and by 10.48 percent on Thursday. The shares of Xpeng Motors have increased by 123 percent since they were issued on August 27 last year and by almost 9.12 percent on Thursday.

    Analysts at Bank of America initiated their recommendation for the LI’s stock with “Buy”, setting a price target of $42. This implies a mid-term prospect of 20% for the stock from the current levels of $35.

    On the other hand, the target price of $58 set by the Deutsche Bank with a “Buy” recommendation hints at a mid-term growth prospect of 29% while the average target price of $49 could also be an addition of about 9%.

  • 23 Stocks Making Sharp Moves in Pre Market Session

    23 Stocks Making Sharp Moves in Pre Market Session

    Bionano Genomics Inc. (BNGO) stock soared 46.62% to $1.95 in the pre-‎market ‎trading after reporting that Praxis Genomics, LLC received accreditation from the College of ‎American ‎Pathologists (CAP). The most recent rating by Ladenburg Thalmann, on September 24, 2020, ‎is a Buy.‎

    Tenax Therapeutics Inc. (NASDAQ: TENX) shares are trading down -7.07% at $1.84 ‎at ‎the time of writing. Company’s 52-week ranged between $0.25 to $2.68.‎

    Ideanomics Inc. (IDEX) stock soared 2.87% to $2.15 in the pre-market trading. ‎The ‎company recently revealed that its Mobile Energy Global (“MEG”) and its contracting entity ‎Qingdao ‎Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between ‎BYD and ‎Didi, to purchase an initial 2,000 units of model BYD D1. ‎

    Oxbridge Re Holdings Limited (OXBR) stock moved down -6.83 percent to $1.91 ‎in ‎the pre-market trading.‎

    Guardion Health Sciences Inc. (NASDAQ: GHSI) shares are trading up 12.48% ‎at ‎‎$0.4289 at the time of writing. The firm lately declared the appointment of seasoned ‎nutritional ‎products industry leader Bret Scholtes as President and Chief Executive Officer. Company’s ‎‎52-week ‎ranged between $0.17 to $0.74.‎

    Gevo Inc. (GEVO) is down more than -4.76% at $4.4 in pre-market ‎hours ‎Wednesday December 30, 2020. The stock had dropped over -4.15% to $4.62 in the last ‎trading ‎session.‎

    Universal Security Instruments Inc. (UUU) stock moved up 5.0 percent to $5.25 ‎in ‎the pre-market trading following its statement regarding recent market activity in the ‎Company’s ‎stock.‎

    Marathon Patent Group Inc. (MARA) gained over 10.03% at $12.94 in pre-‎market ‎trading Wednesday December 30, 2020. The company recently reported that it has entered ‎into a ‎contract with Bitmain to purchase 70,000 Antminer S-19 ASIC miners.‎

    Before the trading started on December 30, 2020, Ocugen Inc. (OCGN) is down -‎‎‎7.83% to reach $2.0. It has been trading in a 52-week range of $0.17 to $3.05.‎

    Before the trading started on December 30, 2020, Moderna Inc. (MRNA) is ‎up ‎‎3.59% to reach $118.5 following the declaration from the company that the it is engaged in ‎discussions ‎with the government of South Korea to potentially provide 40 million or more doses of the ‎Moderna ‎COVID-19 Vaccine to support South Korea’s aim of providing vaccines to the public as soon as ‎possible. ‎It has been trading in a 52-week range of $17.68 to $178.50.‎

    Riot Blockchain Inc. (RIOT) stock soared 6.02% to $16.74 in the pre-market trading.‎

    Technical Communications Corporation (NASDAQ: TCCO) shares are trading down -‎‎‎16.78% at $4.76 at the time of writing after declaring its results for the fiscal year ended September ‎‎26, ‎‎2020. Company’s 52-week ranged between $1.72 to $7.00.‎

    Tonix Pharmaceuticals Holding Corp. (TNXP) is up more than 2.21% at $0.6695 ‎in ‎pre-market hours Wednesday December 30, 2020. The stock had dropped over -6.16% to $0.65 in ‎the ‎last trading session.‎

    AstraZeneca PLC (AZN) gained over 2.26% at $51.03 in pre-market ‎trading ‎Wednesday December 30, 2020 after receiving approval of its coronavirus vaccine in U.K.‎

    New Concept Energy Inc. (AMEX: GBR) shares are trading down -14.75% at $2.08 ‎at ‎the time of writing. Company’s 52-week ranged between $0.55 to $2.19.‎

    Moleculin Biotech Inc. (MBRX) stock plunged -1.67% to $0.8279 in the pre-‎market ‎trading after declaring that that the US Food and Drug Administration (FDA) has granted ‎Orphan Drug ‎Designation (ODD) to Annamycin for treatment of soft tissue sarcomas.‎

    MoSys Inc. (MOSY), a Semiconductors company, dropped about -13.22% at $2.1 ‎in ‎pre-market trading Wednesday.‎

    Before the trading started on December 30, 2020, Greenpro Capital Corp. (GRNQ) ‎is ‎down -2.15% to reach $1.82. The company lately revealed that it intends to set up a Bitcoin ‎‎($BTC) ‎Fund for investment. It has been trading in a 52-week range of $0.21 to $3.12.‎

    Nxt-ID Inc. (NXTD) gained over 9.92% at $1.44 in pre-market trading ‎Wednesday ‎December 30, 2020.‎

    Hepion Pharmaceuticals Inc. (HEPA) gained over 50.0% at $3.12 in pre-‎market ‎trading Wednesday December 30, 2020 after declaring positive top line data for low dose ‎CRV431 in ‎Phase 2a ‘AMBITION’ clinical trial for treatment of Advanced NASH.‎

    XPeng Inc. (XPEV) is up more than 3.13% at $42.85 in pre-market hours ‎Wednesday ‎December 30, 2020. The stock had jumped over 9.31% to $41.55 in the last trading session.‎

    BioNTech SE (BNTX) is up more than 3.5% at $91.37 in pre-market hours ‎Wednesday ‎December 30, 2020 following declaration from the financial magazine Caixin that Shanghai ‎Fosun ‎Pharmaceutical Group will set up a joint venture with BioNTech to produce COVID-19 vaccines in ‎China. ‎The stock had jumped over 0.19% to $88.28 in the last trading session.‎

    Before the trading started on December 30, 2020, Bit Digital Inc. (BTBT) is up ‎‎14.58% ‎to reach $12.1. It has been trading in a 52-week range of $0.28 to $12.45.‎

  • 31 stocks trending in pre-market

    31 stocks trending in pre-market

    NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

    Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

    Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

    BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.

    Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

    Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

    Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

    Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

    XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

    AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

    Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

    Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

    IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

    Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

    Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

    Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

    Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

    Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

    BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

    Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

    Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

    Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

    Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

    Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

    Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

    MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

    NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

    vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

    Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

    ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

  • Auto Stocks to watch on Tuesday: Baidu is All Set to Jump in EV

    Auto Stocks to watch on Tuesday: Baidu is All Set to Jump in EV

    China’s BaiduInc is exploring producing its own electric vehicles and has held talks with automakers about the prospect, said 3 persons with knowledge of the case, the latest step in a battle between tech firms to build smart cars.

    China’s leading search engine, which also advances automated driving technologies and internet communication networks, explores contract production, one of the people said or creating a majority-owned venture with automakers.

    The project will move up from internet peers such as Tencent Holdings Ltd, Amazon.com Inc and Alphabet Inc, which have either developed auto-related technologies or invested in smart-car start-ups.

    NIO Limited (NYSE:NIO) shares were trading down -2.38% at $40.98 at the time of writing on Monday after reporting the pricing of the offering of 68,000,000 American depositary shares, each representing one Class A ordinary share of the Company, at a price of US$39.00 per ADS.

    NIO Limited (NYSE:NIO) share price went from a low point around $2.11 to briefly over $57.20 in past 52 weeks, though shares have since pulled back to $40.98. NIO market cap has remained high, hitting $60.13B at the time of writing, giving it price-to-sales ratio of more than 30.

    If we look at the recent analyst rating NIO, Goldman upgraded coverage on NIO shares with a Neutral rating and a $37.72 price target, which implies room for -3.26% downside momentum this year.

    Ford Motor Company (F) last closed at $8.91, in a 52-week range of $3.96 to $9.57. Analysts have a consensus price target of $8.94.

    Tesla Inc. (TSLA) stock soar by 4.89% to $639.83. The most recent rating by Jefferies, on December 11, 2020, is at a Hold.

    XPeng Inc. (NYSE:XPEV) Shares headed rising, higher as much as 6.45% following the declaration from the firm that that its P7 super-long range sports sedan was named the Car of the Year 2021 by the Xuanyuan Awards, China’s most prestigious badge of auto quality and innovation. The most recent rating by Deutsche Bank, on December 14, 2020, is at a Buy.

    Nikola Corporation (NASDAQ:NKLA) fall -6.87% after losing more than -$1.21 on Monday. The company on November 30, 2020 reported the signing of a non-binding Memorandum of Understanding (“MOU”) with General Motors for a global supply agreement related to the integration of GM’s Hydrotec fuel-cell system into Nikola’s commercial semi-trucks.

    Fisker Inc. (FSR) last closed at $15.59, in a 52-week range of $8.70 to $23.63 after declaring that it has signed agreements with Cox Automotive U.K. and Rivus Fleet Solutions to provide a range of after-sales services for the U.K. market. Analysts have a consensus price target of $24.00.

    Li Auto Inc. (LI) stock drop by -0.10% to $31.33. The most recent rating by Citigroup, on November 16, 2020, is at a Buy. On December 4, 2020, the company announced the pricing of follow-on public offering of American Depositary Shares.

    Kandi Technologies Group Inc. (NASDAQ:KNDI) Shares headed falling, lower as much as -7.67%.

    General Motors Company (NYSE:GM) fall -0.72% after losing more than -$0.3 on Monday. On November 30, 2020, the firm revealed it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell system for Nikola’s Class 7/8 semi-trucks.

    Workhorse Group Inc. (WKHS) last closed at $21.39, in a 52-week range of $1.32 to $30.99. Analysts have a consensus price target of $26.80.

    Electrameccanica Vehicles Corp. (SOLO) stock drop by -2.02% to $6.31. The most recent rating by ROTH Capital, on July 09, 2019, is at a Buy.

    Lordstown Motors Corp. (NASDAQ:RIDE) Shares headed falling, lower as much as -2.96%. The company on December 5, 2020 reported that the United States Securities and Exchange Commission has declared Lordstown’s registration statement on Form S-1 (File No. 333-250045). The most recent rating by Goldman, on December 11, 2020, is at a Buy.

    Fiat Chrysler Automobiles N.V. (NYSE:FCAU) rose 0.84% after gaining more than $0.14 on Monday. Alfa Romeo Announces 4C Spider 33 Stradale Tributo.

    Ayro Inc. (AYRO) last closed at $5.52, in a 52-week range of $1.80 to $10.60. On November 24, 2020, the company reported the Closing of $10.0 million registered direct offering.

    Niu Technologies (NIU) stock drop by -2.50% to $28.43. The most recent rating by Citigroup, on November 06, 2020, is at a Buy.