XPeng Shares Up 9.5 Premarket; Co Said G6 Gets 25,000+ Orders 72 Hours After Pre-sale Starts
Portfolio Pulse from Charles Gross
XPeng's shares rose 9.5% in premarket trading after the company announced receiving over 25,000 orders for its G6 model within 72 hours of the pre-sale launch.

June 12, 2023 | 8:50 am
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POSITIVE IMPACT
XPeng's stock price increased by 9.5% in premarket trading due to the strong demand for its G6 model, with over 25,000 orders received within 72 hours of the pre-sale launch.
The surge in XPeng's stock price can be attributed to the impressive demand for its G6 model, as evidenced by the 25,000+ orders received within 72 hours of the pre-sale launch. This indicates strong consumer interest in the product, which is likely to have a positive impact on the company's revenues and overall performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100