WeRide Inc. (NASDAQ:WRD – Get Free Report)’s stock price fell 13.6% during mid-day trading on Monday . The stock traded as low as $9.40 and last traded at $9.70. 387,671 shares changed hands during trading, a decline of 78% from the average session volume of 1,789,145 shares. The stock had previously closed at $11.23.
WeRide Stock Down 9.4 %
WeRide (NASDAQ:WRD – Get Free Report) last released its earnings results on Friday, March 14th. The company reported ($0.29) EPS for the quarter. The company had revenue of $19.29 million during the quarter. As a group, equities analysts forecast that WeRide Inc. will post -0.68 earnings per share for the current year.
WeRide Company Profile
WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.
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