Why Li Auto Stock Zoomed More Than 5% Higher Today
LI AUTO(LI) The Motley Fool·2024-02-01 21:38
On Thursday, China's Li Auto (LI 5.31%) had a rare good day for an electric vehicle (EV) maker on the stock exchange this year. The company's shares rallied to close over 5% higher on the day, following the publication of its latest monthly delivery figures. That pop was notably higher than the 1.3% gain of the S&P 500 index on the day.Down on a monthly basis, but up sharply year over yearIn January, Li Auto delivered 31,165 of its vehicles. Although this was down by 38% from the December tally, it was more ...