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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

€65.53
1.000%
The Uber Technologies Inc stock is trending slightly upwards today, with an increase of €0.65 (1.000%) compared to yesterday's price.
With 88 Buy predictions and 1 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 92 € shows a positive potential of 40.39% compared to the current price of 65.53 € for Uber Technologies Inc.
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