Is $5 next for Nio stock amid strong Q2 earnings?
NIO(NIO) Finbold·2024-09-05 20:06
September 5 was scheduled for Nio‘s (NYSE: NIO) Q2 earnings report release before markets open in the U.S., and it brought some new records and a few pleasant surprises.Nio stock reacted positively to the news, as the gains of 2.17%, which set its price at $4.24 on September 4, were further bolstered by a 3.07% advancement in the pre-market trading.NIO stock 5-day price chart. Source: FinboldThe Q2 report revealed that Nio reported adjusted earnings per share (EPS) of $0.30, slightly better than the estimat ...