Fool.com contributor Parkev Tatevosian discusses what the latest news could mean for Nio (NIO 0.38%) stock investors.
*Stock prices used were the afternoon prices of May 1, 2024. The video was published on May 3, 2024.
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Great News for Nio Stock Investors
By Parkev Tatevosian, CFA
–
May 4, 2024 at 7:00AM
NYSE: NIO
Nio
Market Cap
$10B
Today's Change
(0.38%) $0.02
Current Price
$5.28
Price as of May 17, 2024, 4:00 p.m. ET
Customer appetite for Nio cars is surging, as evidenced by an explosion in deliveries.
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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