TheMotleyFool · May 6, 2025, 20:19 · 1 min read

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.

Source Fool.com

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