Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Is NIO's Stock Down Today?

TheMotleyFool

0 0

Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading down modestly at midday on Wednesday, a few hours ahead of the company's second-quarter earnings report, expected after the U.S. markets close.

As of noon EDT, NIO's American depositary shares were down about 2% from Tuesday's closing price.

There was no major news moving NIO's shares on Wednesday, though the company will report its second-quarter results after the U.S. markets close today. Wall Street analysts polled by Thomson Reuters expect NIO to report a loss of $0.11 per American depositary share, on average, on revenue of $1.28 billion.

Source Fool.com

Like: 0

NIO

Share