Shares of Nio — the so-called Chinese Tesla — surge more than 40% [MarketWatch]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am
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Source: MarketWatch
Nio’s stock jumps more than 40% after quarterly loss narrows, deliveries surge Shares of Nio rocketed on heavy volume Monday, enough to pace major stock gainers, after the China-based electric-vehicle maker reported a third-quarter loss that narrowed more than expected, as revenue and vehicle deliveries surged, helping to provide an upbeat outlook for the current quarter. Nio Inc. NIO, +69.01% reported a net loss for the quarter to Sept. 30 of 2.52 billion renminbi ($352.8 million), or RMB2.48 per ordinary share, after a loss of RMB9.76 billion, or RMB42.59 a share, in the same period a year ago. Excluding nonrecurring items, such as share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value, the adjusted loss was RMB2.45 billion, or RMB2.38 a share, beating the FactSet consensus of a loss of RMB2.53 a share. Revenue increased 25.0% to RMB1.84 billion ($257.0 million), above the FactSet consensus of RMB1.70 billion. Vehicle deliverie
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NIO
News
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- NIO Inc. Provides November 2024 Delivery Update [Yahoo! Finance]Yahoo! Finance
- NIO Inc. Provides November 2024 Delivery UpdateGlobeNewswire
- NIO Inc. (NIO): A Bear Case Theory [Yahoo! Finance]Yahoo! Finance
- Nio Inc - (NYSE: NIO) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "sell" rating. They now have a $3.90 price target on the stock, down previously from $4.80.MarketBeat
NIO
Earnings
- 11/20/24 - Beat
NIO
Sec Filings
- 12/2/24 - Form 6-K
- 11/20/24 - Form 6-K
- 11/7/24 - Form 6-K
- NIO's page on the SEC website