NIO Stock: Despite Mixed H1 Earnings, Deliveries Strong As Company Broadens Market
NIO(NIO) Seeking Alpha·2024-09-13 01:46
tang90246/iStock Editorial via Getty Images Chinese “pure play” electric vehicle carmaker NIO Inc. (NYSE:NIO) — a long-touted “Tesla Killer” — announced its second quarter (Q2) earnings for its Fiscal Year (FY) 2024 on the 5th of September. By no means was the stock a massive earner in the Year Till Date (YTD) until then. However, the stock had risen by a massive 47.35% from a month before the earnings release. Since the release and as of the 11th, the stock has held steady. Early trends for the 12th in ...