Why Li Auto Stock Surged Today
LI AUTO(LI) The Motley Fool·2024-07-02 05:20
Despite a recent bullish surge, the EV stock is still down roughly 49% year to date.Li Auto (LI 6.71%) stock closed out Monday's trading with substantial gains. The Chinese electric vehicle (EV) company's share price closed out the daily session up 6.7%, according to data from S&P Global Market Intelligence.Li Auto published vehicle delivery results for June before U.S. markets opened today. Better-than-expected performance helped power big gains for the company's stock.Li Auto's delivery data points to dem ...