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Leapmotor Shares Fall After Stellantis Takes Stake in EV Maker for $1.58 Billion

Por: MarketWatch Business October 26, 2023

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Some of the whipsawing into negative territory arose from early investors in the company seeking an exit point, said Ke Qu, an analyst at CCB International Securities. The stock price is under pressure due to selling pressure from pre-IPO investors, Qu said in an email. Most may think this partnership announcement creates [a] better exit window for their three-year or even longer investment. Qu added that Leapmotor is relatively short on cash... + full article



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