WeRide ADRs Touch Record High After Nvidia Discloses Stake

Dow Jones

Feb 15, 2025

By Paul Ziobro

American depository receipts of WeRide more than doubled after Nvidia disclosed a stake in the Chinese autonomous-driving company.

WeRide ADRs were recently up 91%, to $32.82, after reaching an all-time high of $42.24 earlier in the Friday trading session.

Earlier Friday, chip-maker Nvidia disclosed in a securities filing that it had accumulated about $1.7 million shares of WeRide. Based on the latest trading price, the ADRs would be worth around $57.1 million.

WeRide, which went public in October, operates driverless vehicles in 30 cities across nine countries.

Write to Paul Ziobro at paul.ziobro@wsj.com

(END) Dow Jones Newswires

February 14, 2025 12:14 ET (17:14 GMT)

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Based on the latest trading price, the ADRs would be worth around $57.1 million. \n\n\n  WeRide, which went public in October, operates driverless vehicles in 30 cities across nine countries. \n\n\n \n\n\n  Write to Paul Ziobro at paul.ziobro@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 14, 2025 12:14 ET (17:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}