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Li Auto Stock Drops At Session Start On Wednesday, Underperforms Market

Via News Editorial Team

November 25, 2020

Li Auto Stock Drops At Session Start On Wednesday, Underperforms Market

Shares of Li Auto fell 7.5% to $40.67 at 10:06 EST on Wednesday, after four successive sessions in a row of gains. The Nasdaq Stock Market is jumping 1.31% to $12,036.80, after two consecutive sessions in a row of gains, on what up until now seems, an all-around positive trend trading session today.

Li Auto's last close was $43.64, 17.29% below its 52-week high of $47.70.

Li Auto's stock is valued at $40.67 at 10:06 EST, way below 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 $24.25 and way higher than its 200-day moving average of $20.02.