Is NIO stock a better pick right now?
Nio Inc. (NYSE: NIO), a Chinese electric car maker, reassured investors concerned about supply issues caused by covid limitations. NIO rose 20% in a week to $17.57 on June 1st as a result of the encouraging news. Remember that the emergence of COVID-19 in the region led Nio to halt operations at its Shanghai factory. […]
Last Week NIO Stock Added 10% For Making Lesser Quarterly Losses
Over the past week, shares of Chinese electric vehicle developer and manufacturer NIO Limited (NIO) rose 10.53 percent to end the week trading at $49.25. The explanation for this was the third quarter report, in which the company showed losses below the estimate of the Wall Street. NIO shipped 12,206 vehicles to customers for the […]