- Chinese electric vehicle maker BYD Company (OTC:BYDDY) registered a production increase of 108.4% year-on-year to 246,259 vehicles in May 2023.
- The sales for the month jumped 109% Y/Y to 240,220 vehicles.
- Production of battery electric vehicles soared 121% to 126,091 vehicles and sales jumped 124% to 119,489 units.
- Year-to-date production rose 99% to 1,022,890 vehicles, and sales increased 97.6% to 1,002,591 million units.
- Also Read: Warren Buffett-Backed EV Maker BYD To Make EVs In Vietnam
- Price Action: BYDDY shares are trading higher by 0.33% at $60.53 on the last check Thursday.
Ironwood Pharmaceuticals Lowers 2024 Guidance: Now Expects Sales Between $405M-$425M (Prior $435M-$455M) Vs. 447.9M Consensus; Sees Adjusted EBITDA Above $120M
Ironwood 2024 Financial Guidance. Ironwood has revised its FY 2024 financial guidance due to a LINZESS gross-to-net change in estimate related to the year ended December 31, 2023. Ironwood now