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Will Zeekr's Q4 2024 earnings exceed, meet, or fall below market expectations?
5
Resolution / Starting Odds
Exceed expectations • 33%
Meet expectations • 34%
Below expectations • 33%
Zeekr's official financial reports
Story
Zeekr Soars 34% on NYSE Debut, Nets $441M in Record Chinese IPO
May 10, 2024, 11:15 AM
Zeekr Intelligent Technology, a high-end electric vehicle brand under Zhejiang Geely, successfully priced its U.S. initial public offering (IPO) at $21 per share, reaching the top of its marketed range. The IPO raised approximately $441 million, marking it as the largest U.S. listing by a China-based company since 2021. The shares began trading on the New York Stock Exchange (NYSE) and saw a significant surge, with prices rising as much as 40% and peaking at a 34% increase on their debut. Despite achieving a lower valuation of around $5.5 billion compared to $13 billion in a previous funding round, the IPO was closely watched and considered a major event in the electric vehicle industry.
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Increase by over 50% • 25%
Increase by 20-50% • 25%
Increase by less than 20% • 25%
Revenue declines • 25%
Zeekr outperforms Tesla • 25%
Zeekr outperforms NIO • 25%
Zeekr outperforms Rivian • 25%
Zeekr underperforms all • 25%
Revenue growth exceeds expectations • 33%
Revenue growth meets expectations • 34%
Revenue growth falls short of expectations • 33%
Establishes in North America • 25%
Establishes in Europe • 25%
Establishes in both regions • 25%
Does not establish in any new region • 25%
Below estimates • 33%
Meets estimates • 34%
Above estimates • 33%
Exceeds expectations • 33%
Meets expectations • 33%
Below expectations • 33%
Yes • 50%
No • 50%
Outperform • 33%
Underperform • 33%
Match • 33%