Shares of Nio Inc. NIO, -8.08% slid 5% in very active trading Thursday, to start the new year with a pullback after ending 2019 with a two-day surge of 66%. Trading volume topped 20 million shares, enough to make the stock the most actively traded by far on the NYSE. The China-based electric vehicle maker's stock soared the past two sessions after the company reported better-than-expected quarterly results and provided an upbeat outlook for the latest quarter. The stock has now run up 142% over the past three months, while shares of rival Tesla Inc. TSLA, +1.89% have climbed 74% and the S&P 500 SPX, +0.31% has gained 12%.
Business - Latest - Google News
January 02, 2020 at 09:49PM
https://ift.tt/2sJf3X8
Nio's stock pulls back in very active trading - MarketWatch
Business - Latest - Google News
https://ift.tt/2Rx7A4Y
Bagikan Berita Ini
0 Response to "Nio's stock pulls back in very active trading - MarketWatch"
Post a Comment