LI is trading at $18.80 (+5.44%) after reporting 41,053 vehicle deliveries for March 2026, beating market expectations and signaling a recovery from prior weakness.

  • The delivery beat provided a strong company-specific catalyst, following a pre-market gain of 4.43% to $18.62.
  • The stock's performance aligns with a broader market rally, with the S&P 500 up 0.80% and the NASDAQ up 1.10% amid de-escalation hopes in US-Iran tensions.