Stock Track | WeRide Inc. Soars 5.10% Intraday on Bank of America's Buy Rating

Stock Track12-02

WeRide Inc. (WRD) saw its stock surge 5.10% during Monday's intraday trading session, outperforming broader market trends.

The rally followed Bank of America Securities initiating coverage on WeRide with a "Buy" rating, citing the company's strong positioning in the robotaxi sector. Analysts highlighted expectations of fleet expansion, profitability by 2029, and growth in its robobus and robovan businesses as key drivers. The firm also noted WeRide's first-mover advantages and partnerships as catalysts for future success.

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