Li Auto Inc.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Li Auto, Inc. (NASDAQ: LI) resulting from allegations that Li Auto may have issued materially misleading business information to the investing public.

If you purchased Li Auto securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On December 9, 2022, Li Auto announced third-quarter operating results. Revenue missed analyst estimates by 2.5%, while earnings per share also missed analyst estimates by 40%. Gross margin was 12.7% in the third quarter of 2022, compared with 23.3% in the third quarter of 2021.

On this news, Li Auto’s American Depositary Share (“ADR”) price fell $2.98 per ADR, or 12.37%, to close at $21.12 per ADR on December 9, 2022.

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Company Name: Li Auto Inc.
Stock Symbol: LI
Class Period: N/A
Court: N/A

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