Why WeRide Inc. (WRD) Crashed on Monday

We recently published an article titled Traders Heavily Dumped These 10 Firms on Monday. In this article, we are going to take a look at where WeRide Inc. (NASDAQ:WRD) stands against the other stocks.

A lackluster trading persisted on the stock market on Monday, with Wall Street’s major indices finishing mixed, as investors continued to digest and reposition portfolios ahead of more corporate earnings results.

Among the bellwether indices, only the Nasdaq finished in the red, dropping 0.10 percent. In contrast, the Dow Jones grew by 0.28 percent, and the S&P 500 inched up by 0.06 percent.

Meanwhile, 10 companies defied a predominantly optimistic market.

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

A fleet of autonomous vehicles driving down a sun-drenched highway.

WeRide Inc. (NASDAQ:WRD)

WeRide Inc. (NASDAQ:WRD) fell for a fourth straight day on Monday, losing 5.54 percent to close at $6.65 apiece as investor funds flocked to its new competitor following its announcement of developing robotaxis.

Last week, Pony AI Inc. (NASDAQ:PONY) announced that it will develop an autonomous driving technology and offer robotaxi services soon.

The announcement spelled bad news for the company, having earned another competitor in the robotaxi industry.

WeRide Inc. (NASDAQ:WRD) was one of the companies that chip giant Nvidia Corp. is heavily invested in. For its part, WRD uses NVDA’s advanced graphic processors and AI software to power its vehicles.

WeRide Inc. (NASDAQ:WRD) is a global leader in autonomous driving technology, with a presence in over 30 cities across 10 countries. A pioneer in the large-scale commercial deployment of autonomous driving, the company offers a portfolio of five core products, including Robotaxi.

Overall WRD ranks 2nd on our list of the worst performing stocks on Monday. While we acknowledge the potential of WRD 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 WRD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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