Previous close | 4.8000 |
Open | 4.7500 |
Bid | 4.8000 x N/A |
Ask | 4.8200 x N/A |
Day's range | 4.6900 - 4.9200 |
52-week range | 4.6900 - 15.7800 |
Volume | |
Avg. volume | 222,432 |
Market cap | 9.801B |
Beta (5Y monthly) | 1.94 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.7300 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today provided an updated delivery outlook for the first quarter of 2024. Based on the most recent business update, the Company expects to deliver approximately 30,000 vehicles in the first quarter of 2024, revised from the previous outlook of 31,000 to 33,000 vehicles. About NIO Inc. NIO Inc. is a p
EV makers Tesla (TSLA), Rivian (RIVN), and NIO (NIO) have all received a downgrade from Mizuho Securities to Neutral citing near-term demand and challenges with liquidity going into next year. Shares of Lucid (LCID) are jumping Monday morning after the EV maker announced a $1 billion investment from its majority stockholder, Ayar Third Investment Company, to buy newly created convertible preferred stocks. Novo Nordisk (NVO) is set to acquire Cardior Pharmaceuticals, a company that develops RNA-based therapeutics for heart disease. The deal includes a heart failure treatment in phase two of clinical development Yahoo Finance Anchors Madison Mills and Seana Smith break down the latest developments for these companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.Editor's note: This article was written by Nicholas Jacobino