Chinese electric vehicle pioneer NIO Inc. (NYSE: NIO) has seen mixed results this year. At press time, NIO shares are trading at $5.83. Although prices are down 30.77% on a year-to-date (YTD) basis, NIO stock is on a sharp upswing, having rallied by 8.63% on the daily chart to bring weekly gains up to 12.24%.NIO stock price daily chart. Source: FinboldThe launch of the company’s Onvo brand L60 model, a competitor to Tesla’s (NASDAQ: TSLA) Model Y, as well as near record-breaking delivery numbers in Septembe ...

Nio Inc - ADR (NYSE:NIO) stock is 3.6% higher at $5.45 this morning following a bull note from Macquarie. Optimistic about the China-based electric vehicle (EV) firm's future performance and earnings calls, the analyst in question upgraded NIO to "outperform" from "neutral" with a $6.60 target price. There's room for pessimism to unwind amongst the brokerage bunch, considering 10 of 15 in coverage rate Nio stock a "hold" or worse. Short interest is 15.3% higher over the last month, and the 188.93 million sh ...

SHENZHEN, CHINA - 2024/07/24: Customers leave the Chinese multinational automobile manufacturer, NIO ... [+] store and logo in Shenzhen, China. (Photo by Serene Lee/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesChinese luxury electric vehicle maker Nio stock (NYSE:NIO) has seen a strong rally in recent weeks, rising by about 45% since late August, roughly in line with its peers Xpeng (NYSE:XPEV) and Li Auto (NASDAQ:LI). While broader market factors, such as the Chinese gov ...

The most recent trading session ended with NIO Inc. (NIO) standing at $5.23, reflecting a +1.75% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.05%. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.18%.Coming into today, shares of the company had lost 3.38% in the past month. In that same time, the Auto-Tires-Trucks sector lost 8.62%, while the S&P 500 gained 2.76%.The investment community will be closely monitoring the pe ...

Group 1 - NIO Inc. is being initiated with a buy rating for mid- to long-term investors, with expectations of an upside surprise in 2025 as the company stabilizes among other Chinese players [1] - The analyst has over two decades of experience in the market, focusing on technology investments and risk mitigation through various market cycles [1] - The investment strategy emphasizes diversification within the tech sector, targeting companies with solid fundamentals and innovative products, while also covering Asia-based names with reasonable risk-reward profiles [1] Group 2 - The analyst believes that technology's exponential growth has reached a disruptive peak, creating a prime window of investment opportunity due to soaring consumer demand for innovation [1] - There is a growing curiosity and consciousness among retail investors regarding technological developments, which the analyst aims to address through shared insights and research [1]

U.S. stock index futures faced declines as expectations for a Federal Reserve rate cut in November weakened. The yield on the 10-year U.S. Treasury hovered around the critical 4% level, while the U.S. dollar index rose by 0.2% to 102.67.In pre-market trading, popular Chinese stocks saw widespread declines. JD.com (JD, Financial) shares fell over 5%, and NIO (NIO) saw a drop of more than 3%. On the other hand, Nvidia (NVDA) rose slightly by 0.23% amid news from a summit about the energy efficiency of its Bla ...

Chinese stocks fell, but investors in Nio shouldn't worry.Nio (NIO -7.14%) stock, which was holding up well until yesterday since its jaw-dropping rally in September, reversed course this morning and plunged 10% within minutes of the market's opening. Shares of the Chinese electric vehicle (EV) maker were trading a little over 7% lower as of 11:30 p.m. ET Tuesday.There's nothing wrong with Nio. Chinese stocks were crashing all across the board today, and Nio was no exception. It is, after all, one of the le ...

On Tuesday, electric vehicle stocks showed mixed performances. NIO (NIO) fell more than 7%, Xpeng (XPEV) dropped over 9%, and Li Auto (LI) declined nearly 10%. In contrast, Tesla (TSLA, Financial) rose by more than 1%, and Rivian (RIVN) edged up by 0.7%.In related news, Tesla plans to host a "Robotaxi Day" event at Warner Bros. Studios in Los Angeles on October 10. During this event, Tesla is expected to reveal advancements in its autonomous driving and robotics technology. ...

Nio (NIO, Financial) experienced a notable movement in its stock price, with the shares currently priced at $6.165, reflecting a percentage decrease of 9.2%. This shift in stock value comes as the company continues to navigate a challenging market landscape despite recent upticks in performance metrics.Recently, Nio has showcased significant improvements in its vehicle delivery numbers, reporting a 144% increase year-over-year and a 91% sequential rise for the second quarter. This achievement resulted in th ...

Nio's good days may have just started.Every stock tells a story, but Nio's (NIO -8.47%) is the kind you'd want to grab the popcorn for. The Chinese electric vehicle (EV) stock was having a dismal 2024 until last month when it staged one of the most dramatic comebacks -- after plunging 55.5% in the year through August, Nio stock gained a whopping 65.3% in September alone, according to data provided by S&P Global Market Intelligence.I was confident about Nio stock's recovery in the second half of 2024 and bel ...