The 5 Biggest Buyers of Li Auto (LI) Stock

Shares of Li Auto (NASDAQ:LI) stock are down by about 7% today after the Chinese electric vehicle (EV) company provided a delivery outlook for the first quarter.For the period, Li now expects to deliver between 76,000 and 78,000 vehicles, down from its prior estimate of between 100,000 and 103,000 vehicles. That reflects a substantial drop of 24% at the midpoint of both estimates.The drop is due to lower-than-expected orders and a pacing mistake for its MEGA EV, which was launched on March 1. The MEGA’s Max ...