Previous Close | 4.6700 |
Open | 4.6800 |
Bid | 4.6000 x 41800 |
Ask | 4.6100 x 36900 |
Day's Range | 4.5600 - 4.7300 |
52 Week Range | 4.4500 - 16.1800 |
Volume | |
Avg. Volume | 58,700,804 |
Market Cap | 9.666B |
Beta (5Y Monthly) | 1.94 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.7300 |
Earnings Date | Jun 07, 2024 - Jun 11, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Nio's sales growth has slowed as early adopters have already gone electric in the Chinese market.
A guidance cut has the stock reeling -- but there might be a silver lining in the news.
SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today provided an updated delivery outlook for the first quarter of 2024. Based on the most recent business update, the Company expects to deliver approximately 30,000 vehicles in the first quarter of 2024, revised from the previous outlook of 31,000 to 33,000 vehicles. About NIO Inc. NIO Inc. is a p