US Stock Market Move | Li Auto, Inc. Sponsored ADR Class A (LI.US) falls more than 2%. The company refutes rumors of "closing 100 stores" as fake news.

On Tuesday, Li Auto, Inc. Sponsored ADR Class A (LI.US) fell by more than 2%, closing at $16.56. In terms of news, there have been reports recently that Li Auto, Inc. Sponsored ADR Class A plans to close approximately 100 inefficient retail stores in the first half of 2026, causing market attention. In response, the company stated that recent rumors online about Li Auto, Inc. Sponsored ADR Class A closing stores in batches and laying off employees are all false information. This year, the company will only close a few low-efficiency business stores, but not in a massive scale.