Nio's stock swings to a gain, heads for longest win streak in a year [MarketWatch]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
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Source: MarketWatch
Nio's stock swings to a gain, heads for longest win streak in a year Shares of Nio Inc. NIO, +1.98% rallied 1.9% toward an 8-month high in active afternoon trading Thursday, putting them on track for the longest stretch of gains in nearly a year. Trading volume was 79.9 million shares, which makes the stock the most actively traded on major U.S. exchanges. The China-based electric vehicle maker's stock appeared set to snap its win streak at 6 days, as it tumbled as much as 8.8% to an intraday low of $3.91 minutes after the open, before bouncing. The stock has now run up 34.9% during its win streak. Helping propel Nio's stock higher this year was been upbeat December deliveries data , a surge in fellow EV maker Tesla Inc . shares TSLA, -1.15% and reports that Nio had secured funding needed for 2020. The stock's win streak would be the longest since the seven-day streak ended Feb. 1, 2019. It has just about tripled (up 199.3%) over the past three months, while Tesla shares have ne
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NIO
News
- 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 Inc. Files Its 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- NIO Inc. Files Its 2023 Annual Report on Form 20-FGlobeNewswire
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