Great News for Nio Stock Investors

By Parkev Tatevosian, CFA – Sep 6, 2023 at 4:15AM

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 management is forecasting a significantly better second half of the year.

Fool.com contributor Parkev Tatevosian discusses what the improving prospects for Nio (NIO 8.72%) could mean for investors.

*Stock prices used were the afternoon prices of Sept. 3, 2023. The video was published on Sept. 5, 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.