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XPeng Inc. American depositary shares each representing two Class A
XPeng's share price went above the $50 mark in late-November 2021 after it released better-than-expected Q3 2021 results and Q4 2021 guidance.
But XPEV's shares have halved year-to-date in 2022, given the valuation de-rating for growth stocks, concerns regarding potential revenue misses for 2022, and delisting fears.
I rate XPeng as a Hold; I think the company's shares won't go back up to $50 levels in the short term.