📈 Stock Market 3h ago · David Moadel

Nio Jumps 6% on Its First Ever GAAP Profit and a Near Doubling of Q1 Deliveries

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The post Nio Jumps 6% on Its First Ever GAAP Profit and a Near Doubling of Q1 Deliveries appeared first on 24/7 Wall St..

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Nio (NIO) stock surged on dual catalysts: first-ever quarterly GAAP profit of $40.4M and 98% YoY delivery growth to 83,465 vehicles.


Nio’s margin expansion to 18% vehicle margin and 18% gross margin signa

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