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Stock impact report

Nio cuts Q1 delivery forecast [Seeking Alpha]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Seeking Alpha
The move comes as electric vehicle makers continue to grapple with weak demand and a fierce pricing competition in China. Earlier this week, Mizuho Securities turned cautious on the electric vehicle sector due to near-term demand issues and tightening liquidity concerns. The Japanese firm also warned on increasing inventory levels that could create yet another pricing headwind this year. U.S.-listed ADR of Nio ( NIO ) were down premarket on Wednesday Recommended For You More Trending News Recommended For You More Trending News About NIO Stock Related Stocks Trending Analysis Trending News Show less Read more
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