Shares of Li Auto (LI) inch towards record high ahead of 2Q release

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U.S. Judge allows class action against Nio (NIO) to continue

August 9, 2023 1:47 PM EDT

United States federal judge, Nicholas Garaufis ruled late Tuesday to allow a class action lawsuit to proceed against Chinese electric vehicle maker, Nio Inc. (NYSE: NIO).

The lawsuit, brought by a class of investors who bought Nio American Depositary Shares (ADS) in the... More

Li Auto (LI) looks to surpass rivals in China by 2024

August 9, 2023 8:47 AM EDT

Li Auto (NASDAQ: LI) announced Tuesday evening its intention to surpass the sales of BMW, Mercedes-Benz, and Audi in China by 2024. This ambitious goal comes as the emerging Chinese automaker accelerates the introduction of new vehicle models and ramps its manufacturing efforts.

"We would strive to become the no.1 premium car brand in China in 2024 in terms of... More

Li Auto Inc. (LI) August weekly option implied volatility above 100 into quarter results

August 7, 2023 10:37 AM EDT

Li Auto Inc. (NASDAQ: LI) August weekly call option implied volatility is at 112, August is at 82; compared to its 52-week range of 48 to 104 the expected release of quarter results before the bell on August 8.

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Li Auto Inc. (LI) August weekly 46 straddle into quarter results

August 7, 2023 4:20 AM EDT

Li Auto Inc. (NASDAQ: LI) August weekly 46 straddle is priced for a move of 11% into the expected release of quarter results before the bell on August 8.

... More