Why WeRide Stock Is Skyrocketing Today
From Nasdaq: 2025-02-14 13:14:00
WeRide (NASDAQ: WRD) saw its stock price surge by 81% on Friday, with Nvidia revealing a purchase of 1.74 million shares in the company in the fourth quarter, now worth roughly $58 million in Nvidia’s $3.35 trillion market cap.
Despite generating only $10 million in revenue in its most recent quarter, WeRide’s market cap now stands at $8.3 billion after Nvidia’s investment, signaling potential growth but also high risk.
Investors should consider the high-risk, high-reward nature of WeRide, as seen with Nvidia’s previous investment in SoundHound AI triggering a sell-off after selling its stake.
If you’re looking for a second chance at a potentially lucrative investment opportunity, consider the “Double Down” stock recommendations from expert analysts. Past recommendations have yielded significant returns for investors in companies like Nvidia, Apple, and Netflix.
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