US stock market anomalies | XPeng Motors (XPEV.US) fell by 4% as it faced Morgan Stanley cutting its holdings by 3.305 million shares.

According to the Zhitong Finance and Economics APP, on Tuesday, Xpeng Motors (XPEV.US) fell by 4% to $20.24. In terms of news, according to a document submitted to the SEC by JPMorgan Chase on May 12, the institution reduced its holdings of Xpeng Motors and Ideal Motors in Q1 2025. According to 13f.info data, JPMorgan Chase reduced its holdings by 3.305 million shares and 66,000 shares respectively during the reporting period, representing a decrease of 72% and 17% respectively. By the end of Q1 2025, the size of JPMorgan Chase's holdings decreased to 1.293 million shares and 332,000 shares respectively.