PDA

View Full Version : Nio's stock surges again toward best 5-day performance in nearly 5 months



NewsFeeder
07-08-2019, 01:51 PM
Nio's stock surges again toward best 5-day performance in nearly 5 months

Shares of Nio Inc. surged 5.1% toward a six-week high in afternoon trading Monday, putting them on track for a fifth straight gain. The gains in the China-based electric car maker's stock got a boost in the wake of better-than-expected deliveries data from Tesla Inc. , out early last week. Shares of Nio, referred to by some as the Tesla of China, have now rocketed 34.5% during its win streak, while Tesla's stock has gained 3.7% and the S&P 500 has edged up 0.1% over the same time. That would market the best 5-day performance by Nio's stock since it ran up 34.9% during the five-session stretch ended Feb. 26, 2019.

https://finance.yahoo.com/m/fcc19269-9fb4-3f8e-bdde-021c0b3cbd33/nio%26%2339%3Bs-stock-surges-again.html?.tsrc=rss