May. 20 at 3:24 PM
$WRD In short, the logic of the short sellers was a bet that WeRide would run out of money before scaling up its autonomous vehicles.
Here is what happened today, **May 20, 2026**, to shatter that logic:
* **The Market Rebound:** After short sellers tried to push the stock below the
$7.00 mark yesterday, buyers stepped in aggressively today, causing the stock to surge over **8% back up to
$7.19**.
* **The Squeeze in Action:** Shorters are realizing they are trapped because WeRide's recent earnings proved they have a massive **
$895 million cash fortress** (enough to comfortably fund operations for over 3 years), completely destroying the "insolvency" bet.
* **No Supply Left:** Because long-term investors are holding tight and WeRide is actively buying back its own shares, shorters are scrambling to find shares to cover their positions, fueling today's sharp upward bounce.
