Why WeRide Stock Soared Higher This Week
From Yahoo Finance: 2025-05-30 14:57:00
Chinese autonomous driving company WeRide is launching full commercial operations in Saudi Arabia by year-end. They also introduced a pilot program for a sanitation vehicle in Riyadh. The company’s stock surged 9%, with a major expansion into Saudi Arabia in partnership with Uber Technologies. WeRide announced a $100 million share repurchase program, showing confidence in the future. The company is a strong player in the autonomous vehicle market, with plans to expand in the Middle East.
Read more: Why WeRide Stock Soared Higher This Week