US Stock Market Move | Li Auto, Inc. Sponsored ADR Class A (LI.US) falls more than 2%. The company refutes rumors of "closing 100 stores" as fake news.
On Tuesday, LI Auto Inc. fell more than 2%, closing at $16.56 per share.
On Tuesday, Li Auto, Inc. Sponsored ADR Class A (LI.US) fell by more than 2%, closing at $16.56. In terms of news, there have been reports recently that Li Auto, Inc. Sponsored ADR Class A plans to close approximately 100 inefficient retail stores in the first half of 2026, causing market attention. In response, the company stated that recent rumors online about Li Auto, Inc. Sponsored ADR Class A closing stores in batches and laying off employees are all false information. This year, the company will only close a few low-efficiency business stores, but not in a massive scale.
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
