Why Li Auto Inc. (LI) Went Down Up Thursday?

We recently published a list of 10 Firms Buck Thursday’s Market Bloodbath. In this article, we are going to take a look at where Li Auto Inc. (NASDAQ:LI) stands against other Thursday’s best performers.

Investors sold off positions on Thursday, sending the stock market tumbling anew following President Donald Trump’s announcement that he had actually raised tariffs on Chinese goods by 145 percent since taking office.

Among all major indices, the Nasdaq was battered the most, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent.

Meanwhile, 10 companies bucked a broader market decline, registering modest gains during the session.

In this article, we have listed Thursday’s 10 best performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume.

Li Auto Inc. (NASDAQ:LI)

Li Auto saw its share prices grow by 5.25 percent on Thursday to finish at $22.25 each as investors cheered news that it officially expanded into Southeast Asia with its entry into the Philippines.

Initially, LI began distributing the Li L7, a five-seater luxury midsize crossover, and the Li L9, a six-seater full-size flagship sports utility vehicle. It also signaled the possible arrival of a third and larger model—the Li Mega.

LI tapped HomeAuto Inc. as its official distributor in the Philippines.

“We are thrilled to introduce Li Auto’s innovative smart electric vehicles to the Philippines,” said Stone Yu, CEO of HomeAuto Inc. “The local market presents a significant opportunity for us with its increasing awareness of electric vehicles and growing interest in modern technology. Filipinos’ strong family values align perfectly with our vision, so we are confident that they will appreciate the unique blend of luxury and technology that Li Auto offers.”

Overall, LI ranks 9th on our list of Thursday’s best performers. While we acknowledge the potential of LI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.