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HKG:0800 6 November 2025

WeRide (0800.HK) and Pony.ai (2026.HK) sink on Hong Kong debut as IPO wave tests robotaxi stocks

WeRide (0800.HK) and Pony.ai (2026.HK) sink on Hong Kong debut as IPO wave tests robotaxi stocks

WeRide and Pony.ai shares fell about 10% and 9% respectively in their Hong Kong trading debuts Thursday, despite raising a combined HK$9.1 billion (US$1.17 billion). Both listings faced heavy IPO competition and doubts over the profitability of autonomous-driving firms. WeRide trades as 0800, Pony.ai as 2026. Hong Kong’s IPO market has surged in 2025, but first-day returns remain mixed.

Stock Market Today

  • Vital Farms (VITL) Shares Drop 1.39% Amid Market Decline Ahead of Earnings
    March 20, 2026, 7:40 PM EDT. Vital Farms (VITL) shares slid 1.39% to $31.98, underperforming the S&P 500's 0.29% dip. Despite this, the stock gained 4.75% over the past month, outpacing the Consumer Staples sector's 3.54% rise. Investors eye upcoming earnings, with an EPS forecast of $0.14, up 40% year-over-year, and projected revenue of $142 million, up 28.6%. Full-year estimates show expected EPS of $1.11 and revenue near $595.7 million, increases of 88.1% and 26.3%. Vital Farms holds a Zacks Rank of #3 (Hold) with a forward price-to-earnings (P/E) ratio of 29.35, reflecting a premium to its industry's average of 18.42. The consumer staples industry's strong Zacks Industry Rank at 90 places it in the top 36% of sectors, driving investor interest ahead of earnings.
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