Li Auto is trading at $11.28, with a -4.04% change in live trading, as hotter-than-expected U.S. inflation and renewed rate concerns pressure growth stocks.
- September headline CPI was 3.7% year over year, above the 3.6% forecast; core CPI was 2.6%, above the 2.5% consensus.
- Higher yields and renewed rate concerns weighed on equities, with the Nasdaq down 0.91% in the supplied market context.
- No clear company-specific announcement explaining the move was identified; Li Auto’s latest reported delivery update was September 30.