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: XPeng stock drops to extend selloff after public share offering

XPeng Inc. Shares of XPeng Inc. dropped Monday, to extend last week’s selloff, after the China-based electric vehicle maker disclosed a public offering of 40 million shares. The stock XPEV slumped 4.4% in morning trading, and has dropped 15,7% amid a three-day losing streak. The stock had tumbled 23.2% last …

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