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Vehicle deliveries: Up 144% to 57,373 units and up 91% sequentially. Revenue: Up 99% to $2.4 billion. Vehicle margin: 12.2% versus 6.2% in the year-ago quarter and 9.2% in the first quarter.
Nio (NYSE: NIO) stock, which was holding up well until yesterday since its jaw-dropping rally in September, reversed course this morning and plunged 10% within minutes of the market's opening.
Nio's expansion into Europe is a key growth driver, as it works to increase production levels and sales. The company just reported its sixth straight month with over 20,000 deliveries, with ...
Investors recognized that this week and pushed Nio shares up by about 24% as of late morning Friday, according to data provided by S&P Global Market Intelligence. Green shoots for EV demand
The stock continued to surge again today as the trading week started. Nio's U.S.-listed American depositary shares had gained 12.7% as of 10:15 a.m. ET. ... But news that Nio has secured a new ...
Last week's announcement has helped push Nio shares higher. Today's boost came after Chinese government leaders promised to implement "more proactive" fiscal policy next year as well as looser ...
Nio may be about to report a sharp increase in electric vehicle sales.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could ...