Previous close | 3.1500 |
Open | 3.2500 |
Bid | 2.8300 |
Ask | 3.8000 |
Strike | 2.00 |
Expiry date | 2025-06-20 |
Day's range | 3.2500 - 3.2500 |
Contract range | N/A |
Volume | |
Open interest | 188 |
Shares of NIO (NIO) are sliding after the company delivered a wider-than-expected loss in its first quarter. Yahoo Finance's Seana Smith and Brad Smith break down the company's earnings and how it will fare against increased competition. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
China EV maker NIO Inc (NYSE:NIO) has chosen Melexis' cutting-edge current sensor chips for their traction inverter systems. These advanced chips, tailored for the challenging environment of electric motor control, will be integrated into all of NIO's battery electric vehicles (BEVs). Melexis, based in Belgium, is a supplier of semiconductor solutions primarily focused on designing and delivering sensors for automotive and industrial applications. This collaboration enables NIO to leverage Melex
Missed expectations in its first quarter results today have caused NIO stock to slide 3%. Where to from here for the Chinese EV manufacturer? The post NIO stock slides 6.6% on negative Q1 earnings results appeared first on The Motley Fool UK.