🔴 LI is trading 4.3% down today as Middle East tensions trigger broad market selloff

LI is trading at $16.77 (-4.3%) as escalating Middle East geopolitical tensions trigger a sharp decline across major indices.

• Major indices are down significantly—S&P 500 (-1.76%), Nasdaq (-1.75%), and Dow (-2.00%)—following reports of Iran closing the Strait of Hormuz and threatening global oil supplies.
• The stock has now fallen for five consecutive sessions, reflecting a broader risk-off sentiment rather than company-specific news.
• Shares remain under pressure following January delivery misses and recent analyst downgrades.