Fool.com contributor Parkev Tatevosian discusses what the news could mean for Nio (NIO 2.26%) stock investors.
*Stock prices used were the afternoon prices of June 9, 2024. The video was published on June 11, 2024.
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Nio Stock Investors Have Reasons to Cheer as Sales Jump Higher
By Parkev Tatevosian, CFA
–
Jun 12, 2024 at 3:12AM
NYSE: NIO
Nio
Market Cap
$8B
Today's Change
(2.26%) $0.09
Current Price
$4.08
Price as of August 23, 2024, 4:00 p.m. ET
Nio reported an increase in sales in April and May, and management discussed how it had achieved such impressive success.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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