Why These 10 Stocks Soared by Double Digits Today

2. WeRide Inc. (NASDAQ:WRD)

WeRide snapped a three-day losing streak on Monday, jumping 27.47 percent to finish at $10.21 each as investors resorted to bargain-hunting supported by the US and China’s tariff cooldown.

The news was particularly a boost for WeRide Inc. (NASDAQ:WRD) as investors turned more hopeful for its planned global expansion, in partnership with ride-hailing giant Uber Technologies Inc. (NASDAQ:WRD).

Last week, the two companies said they deepened their collaboration to expand into 15 more cities, including Europe and the Middle East.

“This expansion aligns with WeRide’s ambitious strategy for global growth—to make autonomous driving solutions more affordable and accessible to people worldwide,” said WeRide Inc. (NASDAQ:WRD) CEO Han Xu.

The two firms kicked off their partnership last year with the launch of robotaxis in Abu Dhabi, and later on, in Dubai, as they aim to expand their autonomous vehicle partnership to several new cities each year, all outside of the US and China.