🔴 Li Auto is trading 4% down today as investors reduce risk amid weaker U.S. equities

Li Auto is trading 4.01% down now at $11.96 as investors reduce risk amid weaker U.S. equities, escalating U.S.-Iran tensions, and oil prices surpassing $100 per barrel.

• The Nasdaq is down 0.56%, adding pressure to growth-oriented stocks.
• Li Auto’s earlier weak Q3 outlook, profitability concerns, and competition worries remain an overhang.
• No new company-specific announcement clearly explains the September 9 decline.