Today’s 10 Worst-Performing Stocks

5. XPeng Inc. (NYSE:XPEV)

Shares of XPeng Inc. declined by 6.11 percent on Wednesday to end at $24.73 each, as investors disposed of positions in Chinese firms amid the ongoing trade war between the United States and China and other trading partners.

Additionally, investors repositioned their portfolios ahead of the company’s earnings release on Tuesday next week, where among the cues to look out for include its 2025 outlook guidance and whether its plan to double down on expansion into international markets would push through as intended, taking into account the economic uncertainties globally.

“This year, we will increase to 60 and will have established more than 300 after-sales service points worldwide,” XPEV CEO He Xiaopeng said earlier.

Over the next 10 years, he said that the international markets are expected to power its sales.

Analysts are generally bullish on their outlook for the company. Citi, for its part, gave the company a “buy” rating, a revision from “neutral” previously, while giving it a price target of $29, up from $13.70 previously.