Li Auto Stock Bearish Momentum With A 7.37% Drop On Wednesday

The Nasdaq Stock Market ended the session with Li Auto dropping 7.37% to $40.72 on Wednesday while the The Nasdaq Stock Market rose 0.48% to $12,094.40. Li Auto today's close was $40.72, 17.14% under its 52-week high of $47.70. Li Auto's stock is valued at $40.72 at 16:46 EST, way under its 52-week high of $47.70 and way above its 52-week low of $14.31. Li Auto's worth is way above its 50-day moving average of $24.98 and way higher than its 200-day moving average of $20.31.