|Bid||40.18 x 1200|
|Ask||40.21 x 1000|
|Day's range||39.65 - 43.22|
|52-week range||11.38 - 66.99|
|Beta (5Y monthly)||2.56|
|PE ratio (TTM)||N/A|
|Earnings date||09 Aug 2021 - 13 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||55.74|
What happened The Chinese government strikes the U.S. stock market again. Though today's news of a regulatory crackdown focuses on education companies in China, many U.S.-listed Chinese stocks are being hit this morning.
NIO Inc. (NIO) closed at $46.07 in the latest trading session, marking a -1.5% move from the prior day.
With the market favoring higher-growth -- and riskier -- electric vehicle (EV) names Wednesday, two high-profile stocks gained ground. Shares of Chinese EV maker NIO (NYSE: NIO) and aspiring electric semi-truck maker Nikola (NASDAQ: NKLA) closed the session up 6% and 3.9%, respectively. There was no company-specific news out from either NIO or Nikola Wednesday, but both have been making progress on plans to grow their respective businesses.