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LI May 2024 27.000 put
| Previous close | 1.8100 |
| Open | 2.1000 |
| Bid | 1.1400 |
| Ask | 2.7100 |
| Strike | 27.00 |
| Expiry date | 2024-05-17 |
| Day's range | 1.5200 - 2.1000 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.07k |
- Yahoo Finance Video
Li Auto stock slides on Q1 earnings, net profit decline
Shares of Li Auto (LI) are falling in Monday's pre-market session after the Chinese car company reported net profit declines and missed quarter-over-quarter EV delivery estimates. Morning Brief Hosts Seana Smith and Brad Smith check out the electric vehicle maker's latest earnings print. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
BenzingaChinese EV Maker Li Auto Misses Q1 Revenue Expectations Despite Surging Vehicle Sales, Stock Tanks
Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ADS was $0.17 missed the analyst consensus estimate of $0.35. The stock price dropped after the results. Vehicle sales increased 32.3% to $3.4 billion, mainly attributable to the increase in vehicle deliveries. Total vehicle deliveries were 80,400 units in the quarter, an 52.9% Y/Y increase. Also Read:
Barrons.comLi Auto Stock Is Falling. Why Its Earnings Are Frightening Shareholders.
Chinese electric-vehicle maker Li Auto reported disappointing first-quarter earnings and sales. Pricing isn’t holding up.
