NIO - What's Going On With EV Maker Nio's Stock? | Benzinga
NIO Inc. (NYSE:NIO) shares are trading higher Wednesday as shares of EV stocks climb after several companies reported electric vehicle delivery figures this week.
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Nio shares are moving higher Wednesday on heavy volume amid strength in Chinese markets and a rally in the broader EV market after several companies reported strong EV delivery figures. According to data from Benzinga Pro, more than 64.6 million shares have been traded in the holiday-shortened session, compared to the stock’s 100-day average of 51.199 million shares.
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Nio announced on Monday that it delivered 21,209 electric vehicles in June 2024, representing an increase of 98.1% year-over-year, and ...