What's Going on With Nio Stock?

By Parkev Tatevosian, CFA – Jun 14, 2023 at 4:51PM

NYSE: NIO

Nio

Market Cap

$7B

Today's Change

(8.72%) $0.36

Current Price

$4.49

Price as of April 26, 2024, 4:00 p.m. ET

Nio reported quarterly financial results that could have huge implications for investors.

Fool.com contributor and finance professor Parkev Tatevosian reviews Nio's (NIO 8.72%) latest financial update and provides his analysis of what it could mean for investors.

*Stock prices used were the afternoon prices of June 12, 2023. The video was published on June 14, 2023.

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.