Fool.com contributor Parkev Tatevosian elaborates on what the latest developments could mean for Nio (NIO -3.60%) stock investors.
*Stock prices used were the afternoon prices of Sept. 4, 2024. The video was published on Sept. 6, 2024.
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Great News for Nio Stock Investors!
By Parkev Tatevosian, CFA
–
Sep 7, 2024 at 6:59PM
NYSE: NIO
Nio
Market Cap
$7B
Today's Change
(-3.60%) -$0.14
Current Price
$3.62
Price as of June 5, 2025, 3:58 p.m. ET
Nio is increasing sales and vehicle margins as it readies its lower-priced brand for deliveries.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.
Stocks Mentioned
Nio
NIO
$3.62
(-3.60%)
$0.14
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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