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Why This Nvidia-Backed Robotaxi Stock Is Skyrocketing Today


Shares of WeRide (NASDAQ: WRD) were soaring on Tuesday. The stock was up 24% as of 1:45 p.m. ET. The move comes as the S 500 and Nasdaq Composite slipped by 0.7% and 0.8%, respectively.

The autonomous vehicle pioneer yesterday announced a significant expansion of its strategic partnership with Uber Technologies. This drove investor enthusiasm.

Image source: Getty Images.

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Source Fool.com

Uber Technologies Inc Stock

€72.52
-0.190%
Uber Technologies Inc shows a slight decrease today, losing -€0.140 (-0.190%) compared to yesterday.
The stock is one of the favorites of our community with 90 Buy predictions and 2 Sell predictions.
With a target price of 90 € there is a positive potential of 24.1% for Uber Technologies Inc compared to the current price of 72.52 €.
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