RADNOR, Pa., May 17, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Li Auto Inc. ("Li Auto") (NASDAQ: LI). The action charges Li Auto with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Li Au ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ: LI) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 24-cv- 03470, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Li Auto securities between February 26, 2024 and March 20, 2024, bot ...

Shares of several electric vehicle makers are in the red as macroeconomic challenges and geopolitical tensions are weighing on the demand for electric vehicles. Moreover, the ongoing price war triggered by intense competition is dragging down the profitability of EV makers. Another concern is President Joe Biden’s quadrupling of tariffs on Chinese EV makers.Nonetheless, the long-term prospects for the electric vehicle market remain strong, backed by policy support, focus on clean energy, increasing investme ...

Editor's note: Seeking Alpha is proud to welcome Twenty Alpha as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Robert Way Investment Thesis Li Auto's (NASDAQ:LI) stock had a sharp decline a few days after hitting a 52-week high because of solid earnings. On the other hand, the market was worried about the intensifying com ...

The latest trading session saw Li Auto Inc. Sponsored ADR (LI) ending at $25.92, denoting a -1.82% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.17%. At the same time, the Dow added 0.88%, and the tech-heavy Nasdaq gained 1.4%.The company's shares have seen a decrease of 7.08% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 1.9% and the S&P 500's gain of 2.46%.The investment community will be closely monitoring the perfor ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Li Auto Inc. Sponsored ADR (LI) .Li Auto currently has an average ...

Li Auto stock is down but not out.Shares of Li Auto (LI -2.22%) have been under pressure following a string of weaker-than-expected updates from the Chinese electric vehicle maker.Deliveries in recent months have disappointed and the company has also moved to cut prices across its lineup following the steps of EV rivals in China. These headlines highlight a challenging industry backdrop with many moving parts.That being said, there are reasons for investors to look up. Company fundamentals are positive with ...

In the latest market close, Li Auto Inc. Sponsored ADR (LI) reached $27.30, with a +1% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.51%. Elsewhere, the Dow gained 0.85%, while the tech-heavy Nasdaq added 0.27%.Coming into today, shares of the company had lost 14.46% in the past month. In that same time, the Auto-Tires-Trucks sector lost 4.18%, while the S&P 500 lost 0.25%.The investment community will be closely monitoring the performance of Li Auto Inc. Sponsored ...

AerialPerspective Works Li Auto (NASDAQ:LI) is commonly touted as the closest rival for Tesla (TSLA) in mainland China. This is because both companies compete in China's premium EV segment. Despite the two companies being somewhat comparable, the performance of their stock wildly differs. Unlike the latter, LI stock has underperformed the broader market. However, I believe there is an opportunity for investors willing to take the risk. Looking at Li Auto's Business China has risen in recent years to become ...

EV stocks have become a polarizing topic among investors. Some investors are convinced that EVs are the end-all-be-all of transportation for the future. On the other hand, some are doubtful of the true extent of EVs and still hold short-term sentiments against them. Nonetheless, EVs offer a way for the world to relinquish our reliance on fossil fuels finally. They are also the gateway to the intersection of computers and vehicles. For the EV industry, this often means robo taxis via autonomous driving techn ...