XPeng, Albertsons-Kroger, Planet Fitness: 3 Stories In Focus

In this article:

XPeng Motors (XPEV) CEO He Xiaopeng reported that he has bought over 2 million shares of the Chinese EV maker — a purchase worth over $13 million. XPeng's stock is rising Monday morning on this news.

Grocery chains Kroger (KR) and Albertsons (ACI) will be defending their $25 billion merger in federal court after Federal Trade Commission regulators moved to block their deal.

Baird analysts have labeled Planet Fitness (PLNT) as one of their "Bullish Fresh Picks" while reiterating their Outperform rating on the gym operator's stock.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

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