Li Auto shares are trading higher after the company announced October deliveries of 40,422, up 302.1% from last year.
Portfolio Pulse from Benzinga Newsdesk
Li Auto reported October deliveries of 40,422 vehicles, marking a 302.1% increase from the same period last year. This news has led to a rise in the company's share price.
November 01, 2023 | 3:25 pm
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Li Auto's stock is trading higher following the announcement of a 302.1% YoY increase in October deliveries.
The significant increase in Li Auto's October deliveries indicates strong demand for its vehicles, which is a positive sign for the company's revenue growth. This news is likely to be viewed favorably by investors, leading to an increase in the company's stock price.
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