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Day: November 20, 2020

HCCC Stock
Equity News

XPeng Inc. (XPEV) Stock trading in All-Time High Range as EV maker reveals its EV P7 Wing Limited Edition

XPeng launches its P7 sports sedan with Lidar technology, the first-ever by any automaker. P7 Wing is a limited edition only available in the Chinese market. XPeng Inc., (XPEV) is rising as one of the most promising electric vehicle companies. The company has massive demand in China, but it seems the evolving global market will increase its worth in the next few years. Shares of the EV maker are soaring and it is currently trading at its all-time high since it went public on April 27, 2020. The trading volume is quite massive today with the P7 Wing release. Currently,

CSCO Stock
Market Activity

The High-Tech Sector Bought The U.S. Indices Up On Thursday

On Thursday, 19 November, the major U.S. indices ended trading in positive territory due to higher prices of high-tech stocks, which, due to the rapid spread of COVID-19, increased expectations of tightening of quarantine measures in several states of the country. The average number of new cases has risen to 162,800 in the U.S. over the past two weeks, which is 77 percent higher than two weeks ago. The New York authorities have stated that in the coming days they plan to reintroduce lockdowns, including a ban on visiting restaurants and gyms. Schools in New York, except for private ones,

ELVT Stock
Market Activity

Double-Digit Rise in Sonos (SONO) And Victoria’s Secret Parent L Brands (LB) Stocks On Thursday

Sonos Inc (SONO) soared 29.84 percent after the Californian maker of wireless audio speakers posted performance well above estimates for its fourth fiscal year which ended at the end of September. Compared with the $299 million predicted by the FactSet consensus, revenue jumped 15.5 percent year-on-year to $339.8 million. Compared to a $29.6 million loss a year ago, the Santa Barbara-based corporation reported a net income of $18.4 million. Its per-share net income was 15 cents, compared to just 2 cents predicted by analysts and -28 cents a year earlier. Sonos expects revenue of $1.44 to $1.5 billion for the

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