Previous close | 0.1600 |
Open | 0.2000 |
Bid | 0.0800 |
Ask | 0.2400 |
Strike | 1.00 |
Expiry date | 2026-01-16 |
Day's range | 0.1600 - 0.2000 |
Contract range | N/A |
Volume | |
Open interest | 1.04k |
On Thursday, Nio Inc (NYSE: NIO) issued its unaudited first fiscal quarter results that showed its financials were hurt by promotional activity and the price war Tesla Inc (NASDAQ: TSLA) ignited, as loss widened despite improved margins. But Nio managed to lift the spirits with a more optimistic second quarter outlook. Moreover, it recorded YoY growth in May 2024 deliveries, along with Li Auto (NASDAQ: LI) and XPeng Inc (NYSE: XPEV), but Nio was the only with triple-digit percentage gains, while
NIO reports lower-than-expected first-quarter results and expects second-quarter deliveries in the range of 54,000-56,000 vehicles, implying a rise of 129.6-138.1% year over year.
Tesla, BYD, NIO and XPeng are part of the Zacks top Analyst Blog.