WeRide Inc.'s (NASDAQ:WRD) Lock-Up Period Will End on April 23rd

Market Beat
2025.04.17 05:21
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WeRide Inc.'s (NASDAQ:WRD) lock-up period will end on April 23rd, allowing major shareholders and insiders to sell their shares. The company issued 7,742,400 shares in its public offering on October 25th, totaling $120 million at an initial price of $15.50. Currently, WRD shares are trading at $9.46, with a one-year range of $8.60 to $44.00. WeRide reported a quarterly EPS of -$0.29 and revenue of $19.29 million, with analysts expecting -$0.68 EPS for the fiscal year.

WeRide's (NASDAQ:WRD - Get Free Report) lock-up period will end on Wednesday, April 23rd. WeRide had issued 7,742,400 shares in its public offering on October 25th. The total size of the offering was $120,007,200 based on an initial share price of $15.50. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

WeRide Stock Performance

  • 3 Stocks Powering the Future of Autonomous Driving

Shares of WRD opened at $9.46 on Wednesday. The stock has a 50 day simple moving average of $17.38. WeRide has a one year low of $8.60 and a one year high of $44.00.

WeRide (NASDAQ:WRD - Get Free Report) last announced its earnings results on Friday, March 14th. The company reported ($0.29) EPS for the quarter. The firm had revenue of $19.29 million during the quarter. On average, sell-side analysts expect that WeRide will post -0.68 EPS for the current fiscal year.

WeRide Company Profile

(Get Free Report)
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WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.

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