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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...
Where the price sits against its 50- and 200-day moving averages.
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WRD is in the latest 13F portfolio of 1 of the gurus we follow.