Stock Track | NIO Shares Plunge 5.45% Pre-Market After Drop in Insurance Registrations

Stock Track10-09

Shares of Chinese electric vehicle maker NIO Inc. (NYSE: NIO) plunged 5.45% in pre-market trading on Tuesday, October 9th, as the company's recent insurance registration data hinted at weaker sales during the National Day holiday period in China.

According to data shared by rival EV maker Li Auto, NIO saw a 26.23% decline in insurance registrations in China for the week of September 30 - October 6, compared to the previous week. This drop is likely due to disruptions caused by the National Day holiday, which affected vehicle deliveries and insurance registrations across the EV industry.

The decline in insurance registrations, which serve as a proxy for sales, suggests that NIO may have experienced a temporary slowdown in demand or deliveries during the holiday period. This has raised concerns among investors about the company's near-term performance and outlook, leading to the pre-market sell-off in NIO's stock.

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Comments

taytt
10-09
taytt
4300 for the first week is extremely good. And it exclude onvo. Somehow articles stir up negative stories

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This drop is likely due to disruptions caused by the National Day holiday, which affected vehicle deliveries and insurance registrations across the EV industry.</p>\n\n<p>The decline in insurance registrations, which serve as a proxy for sales, suggests that NIO may have experienced a temporary slowdown in demand or deliveries during the holiday period. 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(NYSE: NIO) plunged 5.45% in pre-market trading on Tuesday, October 9th, as the company's recent insurance registration data hinted at weaker sales ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"","article_id":"1181658153","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181658153","pubTimestamp":1728476302,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Chinese electric vehicle maker NIO Inc.  plunged 5.45% in pre-market trading on Tuesday, October 9th, as the company's recent insurance registration data hinted at weaker sales during the National Day holiday period in China.According to data shared by rival EV maker Li Auto, NIO saw a 26.23% decline in insurance registrations in China for the week of September 30 - October 6, compared to the previous week. 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This drop is likely due to disruptions caused by the National Day holiday, whic","content":"<p>Shares of Chinese electric vehicle maker NIO Inc. (NYSE: NIO) plunged 5.45% in pre-market trading on Tuesday, October 9th, as the company's recent insurance registration data hinted at weaker sales during the National Day holiday period in China.</p>\n\n<p>According to data shared by rival EV maker Li Auto, NIO saw a 26.23% decline in insurance registrations in China for the week of September 30 - October 6, compared to the previous week. This drop is likely due to disruptions caused by the National Day holiday, which affected vehicle deliveries and insurance registrations across the EV industry.</p>\n\n<p>The decline in insurance registrations, which serve as a proxy for sales, suggests that NIO may have experienced a temporary slowdown in demand or deliveries during the holiday period. This has raised concerns among investors about the company's near-term performance and outlook, leading to the pre-market sell-off in NIO's stock.</p>","source":"ai_movement_en","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | NIO Shares Plunge 5.45% Pre-Market After Drop in Insurance Registrations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | NIO Shares Plunge 5.45% Pre-Market After Drop in Insurance Registrations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-09 20:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Chinese electric vehicle maker NIO Inc. (NYSE: NIO) plunged 5.45% in pre-market trading on Tuesday, October 9th, as the company's recent insurance registration data hinted at weaker sales during the National Day holiday period in China.</p>\n\n<p>According to data shared by rival EV maker Li Auto, NIO saw a 26.23% decline in insurance registrations in China for the week of September 30 - October 6, compared to the previous week. This drop is likely due to disruptions caused by the National Day holiday, which affected vehicle deliveries and insurance registrations across the EV industry.</p>\n\n<p>The decline in insurance registrations, which serve as a proxy for sales, suggests that NIO may have experienced a temporary slowdown in demand or deliveries during the holiday period. This has raised concerns among investors about the company's near-term performance and outlook, leading to the pre-market sell-off in NIO's stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181658153","content_text":"Shares of Chinese electric vehicle maker NIO Inc. (NYSE: NIO) plunged 5.45% in pre-market trading on Tuesday, October 9th, as the company's recent insurance registration data hinted at weaker sales during the National Day holiday period in China.\nAccording to data shared by rival EV maker Li Auto, NIO saw a 26.23% decline in insurance registrations in China for the week of September 30 - October 6, compared to the previous week. This drop is likely due to disruptions caused by the National Day holiday, which affected vehicle deliveries and insurance registrations across the EV industry.\nThe decline in insurance registrations, which serve as a proxy for sales, suggests that NIO may have experienced a temporary slowdown in demand or deliveries during the holiday period. 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