Even though NIO has been somewhat immune to the crisis, shares sliding by a staggering 11.21% to $44.87 at 15:12 EST on Tuesday, following yesterday’s downward trend. The New York Stock Exchange is jumping 1.27% to $14,183.90, following yesterday’s downward trend, on what at the moment seems, an all-around positive trend exchanging session today.
NIO’s last close was $50.53, 27.48% under its 52-week high of $57.20.
News about NIO today
According to today’s article on Bloomberg Quint, “Credit Suisse Proposes Antonio Horta-Osorio as Next Chairman.”
According to today’s article on Bloomberg Quint, “South African Government-Pay Dispute With Unions Heads for Court.”
NIO’s sales growth is 137% for the present quarter and 262.7% for the next. The company’s growth estimates for the ongoing quarter and the next is 74.4% and 47.8%, respectively.
NIO’s Stock Top and Bottom Yearly Value
NIO’s stock is valued at $44.87 at 15:12 EST, way below its 52-week high of $57.20 and way higher than its 52-week low of $2.11.
NIO’s Moving Average
NIO’s worth is way higher than its 50-day moving average of $37.80 and way higher than its 200-day moving average of $19.11.
Previous days news about NIO
The rise and fall—and rise again—of chinese EV startup NIO. According to yesterday’s article on The Wall Street Journal, “A year ago, Chinese electric-vehicle startup NIO was near ruin.”
How NIO, a chinese EV startup, rose, fell and rose again. According to yesterday’s article on The Wall Street Journal, “A year ago, Chinese electric-vehicle startup NIO was near ruin.”
According to yesterday’s article on MarketWatch, “How cod and haddock could scuttle U.K”