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Li Auto shares slip as Q2 earnings weigh after MEGA launch

Li Auto shares slid 0.7% as second-quarter earnings continued to weigh on the stock despite the Wednesday launch of a new generation MEGA multipurpose vehicle. Stock last traded around $11.88, near its 52-week low.

2015

Shares of Chinese EV maker Li Auto (LI) slipped 0.7% on Wednesday as the company’s second-quarter earnings continued to weigh on the stock despite the launch of a new generation of MEGA multipurpose vehicle on Wednesday.The stock is currently trading around $11.88, just above its 52-week low of $11…