Kaixin Holdings is an automotive company that primarily focuses on the development, manufacturing, and sale of electric vehicles in China. The company leverages innovative technology and modern design processes to produce high-performance electric cars aimed at providing sustainable transportation solutions. In addition to vehicle production, Kaixin Holdings is involved in the integration of energy-efficient systems and smart mobility features, positioning itself as a key player in the growing electric vehicle market and contributing to the advancement of greener transportation options in the region. Read More
As the regular session of the US market on Tuesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
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Looking for insights into the US markets in the middle of the day on Thursday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Shanghai, China – Kaixin Holdings (NASDAQ: KXIN), a prominent player in China's used car market, experienced another tumultuous day in trading, with its shares plummeting by nearly 40% in recent sessions. This latest sharp decline is a stark reflection of the company's ongoing and severe financial distress, marked by rapidly declining
