MCW - Hot Stocks: Chinese EV stocks weighed down by regulatory worries; EPIX MCW decline; COLL HHR advance

Worries about regulation have swirled lately around both Big Tech and Chinese stocks. These conspired to drag down a specific segment of the Chinese tech market on Monday, as China-based electric vehicle stocks took a tumble. XPeng (NYSE:XPEV), Li Auto (NASDAQ:LI) and NIO (NYSE:NIO) all lost ground. Meanwhile, ESSA Pharma (NASDAQ:EPIX) suffered one of the day's biggest sell-offs, losing more than a third of its value during the session. The decline came after the company delayed the timeline for releasing key clinical trial data. Mister Car Wash, Inc. (NYSE:MCW) also lost ground on the session, adding to an earnings-inspired slide that began last week. With the retreat, the stock posted its lowest close since coming public in June. On the other side of the ledger, Collegium Pharmaceutical (NASDAQ:COLL) was one of the day's biggest gainers. The announcement of a stock repurchase halted a losing streak and allowed COLL to regain

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Hot Stocks: Chinese EV stocks weighed down by regulatory worries; EPIX, MCW decline; COLL, HHR advance