Why Nio Stock Is Surging Today
Nio (NYSE: NIO) stock surged this morning and was trading up 6.9% as of 10 a.m. ET. Today's move proves just how volatile the electric vehicle (EV) stock can be -- until yesterday's close, the company looked set to end the week on a weak note. As of this writing, though, it's up 5.2% this week.
Nio filed its annual report this morning, and there's some good news pouring in from China as well.
Although Nio already announced its full-year numbers in March, today's regulatory filing is a reminder to investors about where the company stands. Here are some important 2021 numbers from Nio you'd want to know:
Source Fool.com