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Li Auto Inc (LI)

NASDAQ
Currency in USD
Disclaimer
30.28
+0.10(+0.33%)
Closed
After Hours
30.39+0.11(+0.36%)

LI Price Commentary

could anyone explain why this huge dip the last month?
I think the 400 point fall on Nasdaq spooked investors. Since then, they’ve left what they deem to be riskier stocks. I think the stimulus bill passing the senate before the 14th could send these up quite a lot. Xpeng results could impress too, next Monday.
Maybe people are rotating out of momentum stocks, like tech an EV and now investing in stocks that are value that not only should recover but also pay dividends with less risk/volatility due to a big pull back on tech.
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