Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Guangzhou Automobile says any investment in Nio would not exceed $150 million [Reuters]

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 Check Earnings Report
Company Research Source: Reuters
Guangzhou Automobile says any investment in Nio would not exceed $150 million (Reuters) - Chinese automaker Guangzhou Automobile Group Co Ltd ( 601238.SS ) said on Thursday that while it was early talks with Tesla challenger Nio Inc ( NIO.N ) about a financing proposal, any potential investment would not exceed $150 million. The U.S.-listed electric car startup, which last month flagged an urgent need for more funding, said on Wednesday it was exploring financing and strategic opportunities with Guangzhou Automobile (GAC Group). Nio did not specify the size of the potential funding but earlier in the day Sina Finance and other media reported it was in talks for up to $1 billion, sending its shares up as much as 17% in heavy trade. GAC Group said in a statement that the potential financing of up to $150 million would include funds it would raise itself and not have a material impact on its own finances. It also said that there is “still great uncertainty as to whether an agreement Show less Read more
Impact Snapshot
Event Time:
NIO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NIO alerts
Opt-in for
NIO alerts

from News Quantified
Opt-in for
NIO alerts

from News Quantified