U.S. stock futures were lower this morning, with the Dow futures trading lower by over 50 points on Monday.
Shares of Li Auto Inc. (NASDAQ: LI) rose sharply in today’s pre-market trading after the company reported fourth-quarter financial results above estimates and issued first-quarter guidance.
Li Auto posted adjusted earnings of 30 cents per share, beating market estimates of 29 cents per share. The company’s quarterly sales came in at $5.88 billion versus expectations of $5.48 billion.
Li Auto shares surged 8% to $37.56 in pre-market trading.
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