XPeng Stock Has Dropped This Year. Its CEO Is Buying
XPENG(XPEV) Investopedia·2024-08-26 22:51
Key TakeawaysXPeng ADRs rose Monday after the Chinese electric vehicle maker said that CEO Xiaopeng He bought more than 2 million of the company's shares.XPeng said that He bought 1 million H-shares, traded on the Hong Kong Stock Exchange. He also bought 1.42 million U.S.-listed American depositary shares.XPeng shares are down almost 50% this year. XPeng (XPEV) ADRs rose Monday after the Chinese electric vehicle (EV) maker said that Chief Executive Officer (CEO) Xiaopeng He bought more than 2 million of the ...