15.65 +0.67 (4.47%)
Before hours: 5:40AM EDT
|Bid||15.68 x 800|
|Ask||0.00 x 1200|
|Day's range||14.20 - 15.73|
|52-week range||1.19 - 15.73|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
NIO's stock has risen fivefold just since early April, and shareholders have higher hopes than ever that the electric-vehicle company can do in China what Tesla (NASDAQ: TSLA) has done in the U.S. market. The event that spurred the latest move higher in NIO shares was its release of second-quarter vehicle delivery volume figures.
Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) closed higher again on Thursday, after a Chinese business media outlet reported that the company may be close to a securing a hefty line of credit. NIO's American depositary shares ended Thursday's session at $14.63, up 13.6% from Wednesday's closing price.
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What happened Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) continued their strong run on Wednesday morning. Shares were up about 10.7% from Tuesday's closing price as of 10:45 a.m. EDT, as investors continued to flock to NIO's stock following its strong second-quarter sales report.
What happened Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were up sharply on Tuesday afternoon, as investors continued to react positively to an upbeat June sales report. As of 2 p.m. EDT, NIO's American depositary shares were up about 12.
Nio Shares charged over 20% higher Monday on better-than-expected June sales.
What happened Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were sharply higher on Monday morning, as U.S. investors returning from a holiday weekend reacted to a strong June sales report released late last week.
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As of 9:45 a.m. EDT, NIO's American depositary shares were up about 7.2% from Monday's closing price. In a regulatory filing, NIO said that it successfully completed its offering of 72 million new American depositary shares at a price of $5.95 per share. The banks underwriting the offering, Morgan Stanley, Credit Suisse, and China International Capital Corporation, have a 30-day option to purchase up to 10.8 million more shares, the company said.
Chinese electric-vehicle maker NIO (NYSE: NIO) said that its secondary offering of American depositary shares has been priced at $5.95 per share and that it will offer more shares than it had planned, a sign that demand for the offering was strong. NIO plans to use the proceeds of the offering to fund a cash investment that it agreed to make in its Chinese business ("NIO China") as part of a financing deal with economic-development authorities in China.
Chinese electric-vehicle maker NIO (NYSE: NIO) said that it will offer 60 million new American depositary shares, each representing one share of NIO's common stock, as it moves to raise additional funds for its operating in China. Morgan Stanley, Credit Suisse, and China International Capital Corporation are underwriting the new offering. The underwriters will have a 30-day option to purchase up to 9 million additional American depositary shares, NIO said.
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Thank you for standing by for NIO Inc.'s first-quarter 2020 earnings conference call. Please go ahead, Rui. On today's call, we have Mr. William Li, founder, chairman of the board, and CEO; Mr. Steven Feng, chief financial officer; Mr. Stanley Qu, VP of finance.
Nio secured a 7 billion yuan (£804.78 million) investment in Nio China from state-controlled investors last month. It would make a comprehensive decision about a stock market listing based on capital market conditions, Nio's chief executive Li Bin said on an earnings call on Thursday.
What happened Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading higher amid a broad-based rally on Wednesday afternoon, after a JPMorgan analyst upgraded the stock ahead of Thursday's earnings report.
NIO (NYSE: NIO), a leader in China's premium electric vehicle market and a company many refer to as China's Tesla, is bouncing higher Wednesday after yet another analyst upgraded the stock. Now we believe that the rise of Tesla's Model 3, while clearly squeezing out small Chinese EV players, could lead to an emerging structural wave of B (i.e. J.P. Morgan bumped NIO's price target from $2 to $3.50.