1.61
price down icon2.42%   -0.04
 
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Why is Ecarx Holdings Inc (ECX) Stock down?

We've noticed a 7.50% decline in Ecarx Holdings Inc (ECX) stock during the 2024-11-19 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
23 Aug, 2023:

Global mobility tech provider ECARX Holdings (ECX) fell 8.68% on Wednesday after the company reported Q2 2023 revenue of RMB952.3 million ($131.4 million), up 45% YoY, driven by strong sales of digital cockpits, while net loss improved by 31% YoY to RMB191.8 million ($26.5 million). The company's products are now deployed in over 5.2 million vehicles.

https://www.globenewswire.com/news-release/2023/08/09/2721456/0/en/ECARX-Announces-Second-Quarter-2023-Financial-Results.html

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