Chinese electric car maker NIO slumps in U.S. debut [Reuters (UK)]
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: Reuters
Chinese electric car maker NIO slumps in U.S. debut | Reuters 1 Min Read Sept 12 (Reuters) - Shares of Chinese electric carmaker NIO Inc fell as much as 15 percent in their market debut, a day after its IPO was priced at the lower end of its expected range. Shares opened at $6 and fell to a low of $5.35, giving the company a market capitalization of $5.52 billion. The company priced 160 million shares at $6.26 on Tuesday, just above the low end of its $6.25 to $8.25 target price range, raising $1 billion, dragged down by investor concerns about the prospects of chief competitor Tesla Inc. The company, backed by Chinese tech heavyweight Tencent Holdings Ltd, is the third-biggest U.S. listing by a Chinese firm this year. Reporting by Diptendu Lahiri in Bengaluru; Editing by SrirajKalluvila All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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NIO
News
- NIO Inc. (NIO) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- Shares of Nio soar more than 20% as EV deliveries more than double in April [MSNBC.com]MSNBC.com
- NIO Inc. Provides April 2024 Delivery UpdateGlobeNewswire
- NIO Stock: I Keep Disagreeing With Wall Street [Seeking Alpha]Seeking Alpha
- Tesla China Progress Downplayed by Evercore After Stock Soars [BNN Bloomberg (Canada)]BNN Bloomberg
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 5/9/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/9/24 - Form 6-K
- NIO's page on the SEC website