WeRide (WRD, Financial) experienced a significant stock drop of 5.37%, trading at $16.03 per share with a volume of 69,456 shares. The turnover rate was 0.03% with a price fluctuation of 4.84%. Recent financial reports show a revenue of $9.77 million, a net loss of $145 million, and earnings per share of -$2.06. The gross profit stood at $636,744.93 with a P/E ratio of -13.57. Analysts unanimously recommend buying the stock.
In the automotive manufacturing sector, stocks rose by 2.36%. Notable performers include Srivaru Holding Limited and Faraday Future Intelligent Electric Inc. WeRide specializes in autonomous driving technology, offering products like Robotaxi and Robosweeper, primarily in China.
