Nio Stock Jumps After Strong Q2 Earnings and Record EV Deliveries

Reported about 1 month ago

Nio's shares surged after the electric vehicle maker reported a 98.9% year-over-year revenue increase for Q2, reaching $2.46 billion, while also narrowing its expected losses per share. The company's vehicle deliveries hit a record high, despite previous declines in August, though Nio's stock remains down nearly 48% year-to-date.

Source: YAHOO

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