🟢 BYD is trading 4.8% up as new Sealion 05 DM-i model hits dealerships

BYD is trading at $87.73 (+4.77%) in pre-market, buoyed by both strong company-specific news and favorable macro conditions.

• New Model Launch: The new Sealion 05 DM-i plug-in hybrid crossover has reportedly begun arriving at dealerships across China today, signaling the start of sales for a key new product.
• Macro Tailwinds: The stock is also benefiting from soaring oil prices, which are nearing $111-$114/bbl amid significant geopolitical tensions in the Strait of Hormuz, increasing the appeal of New Energy Vehicles (NEVs).
• Market Context: The gain significantly outpaces the broader market, with S&P 500 futures up 0.19% and the NASDAQ rising 0.37%.