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Stock impact report

Stock Market Today, Jan. 29: Nio Advances as Autonomous EV Focus Lifts Shares [Yahoo! Finance]

Li Auto Inc. - American Depositary Shares (LI) 
Company Research Source: Yahoo! Finance
Autonomous Vehicle Stock” and reiterated a Buy rating with a $7 target. Investors are watching whether sentiment improves further despite volatile recent trading dynamics. The company's trading volume reached 73.5 million shares, about 57% above its three-month average of 46.9 million shares. Nio IPO'd in 2018 and has fallen 28% since going public. S&P 500 (SNPINDEX: ^GSPC) slipped 0.13% to 6,969, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 0.72% to 23,685. Within electric vehicle manufacturing, industry peers XPeng (NYSE:XPEV) closed at $18.59, down 0.38%, and Li Auto (NASDAQ:LI) finished at $17.26, up 0.64%, underscoring divergent trading across Chinese EV names. Nio shares rose Thursday after renewed coverage highlighted the company as an autonomous-vehicle play and Morgan Stanley reiterated a Buy rating with a $7 target. The move came alongside elevated trading volume following a stretch of uneven performance in the stock. The advance unfolded amid continued volat Show less Read more
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