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Stock Market Today, Apr. 9: Nio Erases Early Gains Following New Electric SUV Launch [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
ES9 SUV, and investors will be watching to see how the model is received in the competitive EV market. Trading volume reached 68.5 million shares, coming in about 52% above its three-month average of 45.2 million shares. Nio IPO'd in 2018 and has gained 1% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) added 0.62% to finish Thursday at 6,825, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.83% to close at 22,822. Among electric vehicle manufacturers, industry peers Tesla (NASDAQ:TSLA) closed at $345.62, up 0.69%, and Li Auto (NASDAQ:LI) ended at $18.29, down 1.83%, underscoring mixed sentiment toward EV names. What this means for investors Nio shares rose in early trading before tumbling as investors weighed the launch of its new ES9 SUV, which it says is the largest fully electric SUV in China. The stock is up 27% in the past month, reflecting optimism about the launch, and today's drop could reflect profit-taking rather than a lack of co
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- Stock Market Today, Apr. 9: Nio Erases Early Gains Following New Electric SUV Launch [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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