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Li Auto Stock Drops So Far On Wednesday, Underperforms Market

Via News Editorial Team

November 25, 2020

Li Auto Stock Drops So Far On Wednesday, Underperforms Market

Shares of Li Auto slid 8.33% to $40.30 at 14:14 EST on Wednesday, after two successive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.04% to $11,895.20, after two sequential sessions in a row of losses, on what up until now seems, a somewhat positive trend trading session today.

Li Auto's last close was $19.77, 64.62% below its 52-week high of $24.48.

Year-on-year quarterly revenue growth declined by 0%, now sitting on for the twelve trailing months.

Li Auto's stock is valued at $40.30 at 14:14 EST, way above its 52-week high of $24.48.

Li Auto's worth is way above its 50-day moving average of $17.33 and way higher than its 200-day moving average of $17.08.