Autonomous trucking company TuSimple Holdings Inc.
TSP,
+3.13%
said late Wednesday it was “evaluating strategic alternatives” for its U.S. business, and has hired Perella Weinberg Partners as an adviser to explore potential deals. If a sale goes through, TuSimple would keep Asia-Pacific operations and in other “major” global markets, it said. The stock fell more than 2% in the extended session after ending the regular trading day up 3.1%. Shares of Aurora Innovation Inc.
AUR,
+0.78%,
another autonomous driving company, dropped 0.8% in the aftermarket.
Read the full article here