Nio's stock soars on heavy volume, again after CEO interviewed on '60 Minutes' [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 soars on heavy volume, again after CEO interviewed on '60 Minutes' Shares of China-based electric vehicle maker Nio Inc. NIO, +16.22% shot up 14% in very-active morning trade Tuesday, extending gains after Chief Executive William Li was interviewed on "60 Minutes" over the weekend. Volume ballooned to 43.9 million shares, compared with the full-day average of about 15.2 million shares. The stock ran up 10% on volume of 52.4 million shares on Monday, the day after the "60 Minutes" show aired. What may also be providing a boost to the shares, is the trouble the rival Tesla Inc.'s TSLA, +0.67% Chief Executive Elon Musk is having with regulators. Nio's stock has now rocketed 41% amid a five-session win streak, while Tesla shares have lost 2.3% and the S&P 500 SPX, +0.05% has gained 0.8% over the same time. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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NIO
News
- Here's Why NIO Inc. (NIO) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- VW, BMW Out to Prove They're Not a Spent Force at China Car Show [BNN Bloomberg (Canada)]BNN Bloomberg
- NIO: In Search Of A Bottom [Seeking Alpha]Seeking Alpha
- Xiaomi's Success Means More Trouble for Battered China EV Stocks [BNN Bloomberg (Canada)]BNN Bloomberg
- Nio Inc - (NYSE: NIO) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $5.00 price target on the stock.MarketBeat
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 20-F
- 4/4/24 - Form SC
- NIO's page on the SEC website