WeRide Inc. WRD

WeRide (WRD) is back in focus after its alliance with ELEVATE Slovakia. The agreement moves the autonomous driving specialist further into Europe and puts its robotaxis, robobus and other platforms in front of new regulators and customers. Recent price action around WeRide reflects that tension between new contracts and risk concerns. The stock’s 1-day share price return of 0.95% comes after the alliance news; however, the year-to-date share price return is down 43.45% and the 1-year total...