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NIO Inc. (NIO)

3.8000 -0.0600 (-1.55%)
At close: September 4 at 4:00:02 PM EDT
3.8100 +0.0100 (+0.26%)
After hours: September 4 at 7:59:56 PM EDT
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Updated 39m ago
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NIO's stock fell approximately 14%following its Q2 earnings report, which, despite a 69% revenue increase, revealed larger operating losses and disappointing guidance. Analysts are concerned about rising costs and competition, leading to downgrades and a revised price target of ¥4.50.

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