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LI / Li Auto stock jumps after May deliveries soar despite continued supply chain challenges

Li Auto stock jumps after May deliveries soar despite continued supply chain challenges
Shares of Li Auto Inc. LI, +3.25% climbed 2.6% in premarket trading Wednesday, after the China-based electric vehicle maker returned to year-over-year growth in monthly deliveries. The company said it delivered 11,496 Li ONEs in May, up 165.9% from a year ago, which followed a 24.8% decline in deliveries in April amid COVID-19-related supply chain challenges. Read More
Posted: Jun 1 2022, 06:20
Author Name: Market Watch
Views: 111860

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