NIO Inc. (NIO) closed the latest trading day at $5.71, indicating a +1.6% change from the previous session's end. This change outpaced the S&P 500's 1.25% gain on the day. Elsewhere, the Dow gained 0.97%, while the tech-heavy Nasdaq added 1.3%.The company's shares have seen a decrease of 33.88% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 11.14% and the S&P 500's gain of 1.58%.Investors will be eagerly watching for the performance of NIO Inc. in its upcoming earnings discl ...

Nio (NYSE:NIO), the Chinese electric vehicle (EV) company that has become a barometer for EVs and China’s economy in general, is rising again. Recent concerns about China’s economy have caused NIO stock to suffer, but delivery news is boosting the stock this morning.Shares rose 3% overnight after the company reported delivering 10,055 vehicles in January, up 18% from a year ago. That topped XPeng’s (NASDAQ:XPEV) 8,250 but trailed hybrid maker Li Auto’s (NASDAQ:LI) 31,165.The market leaders remain BYD (OTCMK ...

SHANGHAI, China, Feb. 01, 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 announced that it has completed its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No. 62914VAE6) (the "Notes"). The repurchase right offer expired at 5:00 p.m., New York City time, on Wednesday, January 31, 2024. Based on information from The Deu ...

NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-yearCumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024 SHANGHAI, China, Feb. 01, 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 announced its January 2024 delivery results. NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-year. The deliveries consis ...

NIO Inc. (NIO) has been beaten down lately with too much selling pressure. While the stock has lost 31.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that m ...

Nio (NASDAQ:NIO) has had a very bumpy road over the past five years. The company launched its IPO in 2018 at $6.28 and peaked out at $62.84 in 2021. That incredible move led to NIO stock reaching an enterprise value of $91.4 billion, which was about 16 times its 2021 sales at the time.Fast forward a year later, and NIO stock has faced significant headwinds. The stock now trades around $6 per share after Nio reported a net loss of $624.6 million in the previous quarter. This clearly shocked investors, as the ...

Robert Way/iStock Editorial via Getty Images NIO Inc. (NYSE:NIO) has been squeezed by negativity surrounding both the Chinese economy and electric vehicles ("EVs") market. The stock has slumped to only $6 despite record production in the 2H'23 and signs of further ramps in 2024 with move into sub-brands. My investment thesis is again ultra Bullish on the stock after the dip back down to the lows. Source: Finviz Upwards NIO ended 2023 on a high note with December vehicle deliveries at 18,012. The Chinese EV ...

I read two articles recently about Nio (NYSE:NIO) stock that made me wonder if it’s a buy now, at its lowest point since June 2020. The first headline was, Could Nio stock rise 1,000% in 10 years? The second asked, Will Nio Be a Trillion-Dollar Stock by 2050? That’s pretty heady stuff. I definitely wouldn’t want to miss out on such massive profits. Based on its current share price of $6.07, were the first headline to come true, that would be a 25.9% compound annual growth rate. If I invested $1,000, that wo ...

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Fool.com contributor Parkev Tatevosian conducts a financial analysis on Nio (NIO 1.66%) stock and makes a prediction of where it could be in two years. *Stock prices used were the afternoon prices of Jan. 24, 2024. The video was published on Jan. 26, 2024. ...