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NIO reports 98% delivery growth but stock falls

3h

NIO delivered its strongest quarterly performance in the company’s history today, reporting revenues that more than doubled year over year and electric vehicle deliveries that nearly doubled as well. The stock’s reaction was far less celebratory. Shares of the Chinese EV manufacturer slid after the open, falling from an early high of $5.94 toward $5.53, […] The post NIO reports 98% delivery growth but stock falls appeared first on Rolling Out .

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