Why Li Auto Stock Crashed Today
Shares of Chinese electric vehicle (EV) manufacturer Li Auto (NASDAQ: LI) went on a tear last year, nearly tripling in price between July and November -- but it has been all downhill since. On Thursday, the slide continued in the wake of the company's fourth-quarter earnings report. Its shares closed the trading session down by 9.8%.
But was the Q4 report really as bad as all that?
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Source Fool.com
