None
EN
Down 25% From Its IPO, Is Nvidia’s Favorite AV Stock a Buy?
['Rich Duprey', 'John Seetoo', 'Sep', 'David Moadel', 'Omor Ibne Ehsan', 'Chris Lange']
24/7 Wall St.
Key Points WeRide (WRD) is down 25% from its October, 2024 IPO, despite having rocketed earlier this year after Nvidia disclosed a $25 million investment.
(WRD) is down 25% from its October, 2024 IPO, despite having rocketed earlier this year after disclosed a $25 million investment.
WRD stock jumped 10% on Friday after announcing a new pilot program in Belgium.
The AV stock has a presence in more countries than any other provider, but it remains a speculative bet.
Nvidia’s early backing, rooted in a 2017 partnership powering WeRide’s AI-driven fleet with its DRIVE Hyperion platform, briefly crowned WRD stock as the AV darling.
['werides'
'stock'
'nvidias'
'av'
'buy'
'million'
'weride'
'wrd'
'robotaxi'
'testing'
'25'
'ipo'
'share'
'favorite']