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LI / Li Auto Stock Plunges Following Plans For $2B Raise, But Here's Why The Downturn Is Healthy

Li Auto Stock Plunges Following Plans For $2B Raise, But Here's Why The Downturn Is Healthy
Li Auto, Inc (NASDAQ: LI) was plunging over 6% lower on Tuesday after the Chinese EV manufacturer announced an “at-the-market" offering worth $2 billion. The company plans to use the funds, which it will raise primarily from U.S. investors along with some non-U.S. investors through. Read More
Posted: Jun 28 2022, 14:50
Author Name: Benzinga
Views: 110814

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