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LI / Li Auto beats on earnings, but stock moves lower

Li Auto beats on earnings, but stock moves lower
Li Auto Inc. LI, +1.77% topped earnings expectations Tuesday, but shares of the Chinese electric-vehicle company were falling about 2% in premarket action. The company reported net income of RMB2.31 billion ($318.6 million), or RMB2.18 per American depositary share, whereas the company posted a net loss of RMB641.0 million, or RMB0.64 a share, in the year-earlier period. Read More
Posted: Aug 8 2023, 06:36
Author Name: Market Watch
Views: 111994

LI News  

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By CNBC
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By InvestorPlace
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The Best EV Stocks to Buy Now? 3 Top Picks.

By InvestorPlace
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The Best EV Stocks to Buy Now? 3 Top Picks.

The electric vehicle (EV) sector is undoubtedly a very new area for us today, but that does not mean it is not a completely profitable sector for us a more_horizontal


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