NIO - What's Going On With Nio Stock This Week? | Benzinga
NIO Inc (NYSE: NIO) shares have been trending lower since reporting earnings this week. The stock closed down 1.18% on Tuesday and more than 2% on Wednesday before finding its footing. Here's a look at what's going on.
What To Know: Earlier this week, Nio reported second-quarter revenue of $1.21 billion, which missed the consensus estimate of $1.35 billion, according to data from Benzinga Pro. The company reported a quarterly loss of 45 cents per ADS, which missed estimates for a loss of 36 cents per ADS.
Nio said vehicle deliveries in the ...