Why NIO Stock Climbed and Then Fell on Thursday

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Why NIO Stock Climbed and Then Fell on Thursday

Motley Fool2021-07-02

What happened Investors apparently aren't sure what to think about NIO's(NYSE:NIO) June deliveries update. The stock shot up more than 3.5% at the open on Thursday before giving that back and then ...

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Comment（20）

balm
·2021-07-02
Still good prospects long term for both companies in the largest EV market
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Sfun
·2021-07-02
amc
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1
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aaronh
·2021-07-02
Sad
Reply
2
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Sephy
·2021-07-02
Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon
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2
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- GCL08:
  Really? Wow
  2021-07-02
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JohnTaiKai
·2021-07-02
Not too sure about this stock...
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2
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kerukel88
·2021-07-02
Ok
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1
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- Menghui:
  Ok
  2021-07-02
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WW1012
·2021-07-02
Yup
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1
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- howeixiong:
  Hehe
  2021-07-12
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BiErGaiShi
·2021-07-02
no need to panic.. just buy and hold.
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7
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- WW1012:
  Why
  2021-07-02
  Reply
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- aaronh:
  [微笑]
  2021-07-02
  Reply
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XIN90
·2021-07-02
Why, go NIO!
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3
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LearnInvest
·2021-07-02
Why
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3
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Ryun83
·2021-07-02
Buy the dip
Reply
6
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戴宝尔
·2021-07-02
Take profit..
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4
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- Ryun83:
  Like n reply pls
  2021-07-02
  Reply
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- GacktEngReplying to戴宝尔:
  Comment n like pls
  2021-07-02
  Reply
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- 戴宝尔:
  wow
  2021-07-02
  Reply
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ShawnTai
·2021-07-02
Buy and hold for 2-3 years, yesterday fell is just nothing
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9
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- ShawnTai:
  done
  2021-07-02
  Reply
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- Ryun83:
  Like n reply pls
  2021-07-02
  Reply
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pianhua
·2021-07-02
[財迷]
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4
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JoyceChew
·2021-07-02
??
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2
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sengfuh
·2021-07-02
Huh
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6
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- lynnnn:
  .
  2021-07-02
  Reply
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NakoNako
·2021-07-02
Pls like
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4
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- Jems:
  ok
  2021-07-02
  Reply
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jaffer
·2021-07-02
Buy down somemore
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1
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- Kingggg:
  BUY NIO!
  2021-07-02
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我是宝贝
·2021-07-02
Like and comment please
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7
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- DannyPhan:
  宝贝，好了
  2021-07-02
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- PeiLing_Val:
  Ok
  2021-07-02
  Reply
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Tazjonz
·2021-07-02
Wrong info ? Boarded the ship but red down ?
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8
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- elim:
  Hang on :)
  2021-07-02
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- Tazjonz:
  Comment please thaNks
  2021-07-02
  Reply
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- 我是宝贝:
  ?
  2021-07-02
  Reply
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The stock shot up more than 3.5% at the open on Thursday before giving that back and then ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/why-nio-stock-climbed-and-then-fell-on-thursday/\">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":"https://www.fool.com/investing/2021/07/01/why-nio-stock-climbed-and-then-fell-on-thursday/","article_id":"1158331538","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158331538","pubTimestamp":1625211143,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"The market loved the June delivery numbers, until it didn't.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来"},"translate_title":"为什么蔚来股票周四先涨后跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0.9},"content_text":"What happened\nInvestors apparently aren't sure what to think about NIO's(NYSE:NIO) June deliveries update. The stock shot up more than 3.5% at the open on Thursday before giving that back and then some, trading down 4.3% as of closed.\nSo what\nNIO, a fast-growing Chinese electric vehicle(EV) maker, delivered 8,083 vehicles in June, a new monthly record and more than 116% more vehicles than delivered in June 2019. The company delivered 21,896 vehicles in the second quarter, up from 20,060 in the first quarter.\nAt first glance there is a lot to like about those results, and the market reacted favorably before falling back down to earth.\nTHE NIO E-T SEDAN. IMAGE SOURCE: NIO.\nBut why the sell-off? It could be that investors are a bit nervous about whether NIO will hit analyst expectations of 90,000 to 100,000 deliveries for the year. The company is at just under 42,000 through six months, and with chip shortages and other supply chain issues weighing on the automotive industry it is possible production could slow as the year goes on.\nThe sell-off was not limited to NIO. Fellow Chinese automaker XPeng(NYSE:XPEV) had a similar response,soaring as much as 8% higher early in the trading session on the strength of its delivery report before falling into the red as the day went on.\nNow what\nDay-to-day volatility aside, there is nothing in the report to indicate NIO is not moving in the right direction. NIO is quickly becoming an EV champion in its important home market, and is plotting its expansion into Europe in the months to come. While not profitable, NIO lost less than expected in the first quarter, and as of the end of March had more than $7 billion in cash on the balance sheet to fund its expansion.\nIt's still early days in the EV market and some volatility is to be expected, but there is nothing in the June delivery report that suggests it's time to hit the panic button.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":156611064,"gmtCreate":1625217190558,"gmtModify":1703738560035,"author":{"id":"3563672045211925","authorId":"3563672045211925","name":"balm","avatar":"https://static.tigerbbs.com/0b3156e053d7ec11324d42163b84c2d1","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3563672045211925","idStr":"3563672045211925"},"htmlText":"Still good prospects long term for both companies in the largest EV market","listText":"Still good prospects long term for both companies in the largest EV market","text":"Still good prospects long term for both companies in the largest EV market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156611064","repostId":1158331538,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156876260,"gmtCreate":1625214677050,"gmtModify":1703738506335,"author":{"id":"3579425512905776","authorId":"3579425512905776","name":"Sfun","avatar":"https://static.tigerbbs.com/677878018d08b9f3288b2153431bff4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579425512905776","idStr":"3579425512905776"},"htmlText":"amc","listText":"amc","text":"amc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156876260","repostId":1158331538,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156842678,"gmtCreate":1625214074594,"gmtModify":1703738491854,"author":{"id":"3572385806607275","authorId":"3572385806607275","name":"aaronh","avatar":"https://static.tigerbbs.com/4633f061d6a91b98037c28e4007151ac","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572385806607275","idStr":"3572385806607275"},"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156842678","repostId":1158331538,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156848248,"gmtCreate":1625213972384,"gmtModify":1703738489386,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"htmlText":"Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon","listText":"Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon","text":"Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156848248","repostId":1158331538,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5100937,"gmtCreate":1625214384259,"gmtModify":1663230427336,"authorId":3579045920422452,"author":{"id":3579045920422452,"idStr":"3579045920422452","authorId":3579045920422452,"name":"GCL08","avatar":"https://static.tigerbbs.com/3433a6063e0b2ab82ed571a0790eb790","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156848248,"type":1,"supId":0,"prevId":0,"content":"Really? Wow","text":"Really? Wow","html":"Really? Wow"}],"langContent":"EN"},{"id":156854836,"gmtCreate":1625213713225,"gmtModify":1703738479932,"author":{"id":"3576974822819318","authorId":"3576974822819318","name":"JohnTaiKai","avatar":"https://static.tigerbbs.com/c68deb967df7c8100c0200193ff4083e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576974822819318","idStr":"3576974822819318"},"htmlText":"Not too sure about this stock...","listText":"Not too sure about this stock...","text":"Not too sure about this stock...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156854836","repostId":1158331538,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156855744,"gmtCreate":1625213699488,"gmtModify":1703738479269,"author":{"id":"3580376639553291","authorId":"3580376639553291","name":"kerukel88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580376639553291","idStr":"3580376639553291"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156855744","repostId":1158331538,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101023,"gmtCreate":1625215092420,"gmtModify":1635238972828,"authorId":3573208750244335,"author":{"id":3573208750244335,"idStr":"3573208750244335","authorId":3573208750244335,"name":"Menghui","avatar":"https://static.tigerbbs.com/78313b2880982008ec8b550c3e213dd7","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156855744,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":156858050,"gmtCreate":1625213441970,"gmtModify":1703738473503,"author":{"id":"3553224628095486","authorId":"3553224628095486","name":"WW1012","avatar":"https://static.tigerbbs.com/f992cdfebad899a930707fdd9a236024","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3553224628095486","idStr":"3553224628095486"},"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156858050","repostId":1158331538,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5191326,"gmtCreate":1626051079410,"gmtModify":1663230840754,"authorId":3550798757796905,"author":{"id":3550798757796905,"idStr":"3550798757796905","authorId":3550798757796905,"name":"howeixiong","avatar":"https://static.tigerbbs.com/fea539af5db0091afc3fa5280f22719a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156858050,"type":1,"supId":0,"prevId":0,"content":"Hehe","text":"Hehe","html":"Hehe"}],"langContent":"EN"},{"id":156850883,"gmtCreate":1625213229542,"gmtModify":1703738467766,"author":{"id":"3530266091749222","authorId":"3530266091749222","name":"BiErGaiShi","avatar":"https://static.tigerbbs.com/a6fe5dbcb2f892246515b13cb7c68a10","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3530266091749222","idStr":"3530266091749222"},"htmlText":"no need to panic.. just buy and hold.&nbsp;","listText":"no need to panic.. just buy and hold.&nbsp;","text":"no need to panic.. just buy and hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/156850883","repostId":1158331538,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5100793,"gmtCreate":1625213425849,"gmtModify":1663230426940,"authorId":3553224628095486,"author":{"id":3553224628095486,"idStr":"3553224628095486","authorId":3553224628095486,"name":"WW1012","avatar":"https://static.tigerbbs.com/f992cdfebad899a930707fdd9a236024","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156850883,"type":1,"supId":0,"prevId":0,"content":"Why","text":"Why","html":"Why"},{"id":5100903,"gmtCreate":1625214098142,"gmtModify":1631890238207,"authorId":3572385806607275,"author":{"id":3572385806607275,"idStr":"3572385806607275","authorId":3572385806607275,"name":"aaronh","avatar":"https://static.tigerbbs.com/4633f061d6a91b98037c28e4007151ac","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156850883,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"EN"},{"id":156850064,"gmtCreate":1625213196858,"gmtModify":1703738467273,"author":{"id":"3575421183576572","authorId":"3575421183576572","name":"XIN90","avatar":"https://static.tigerbbs.com/a03ad25cd0afaee9bf2e99b32ad14452","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575421183576572","idStr":"3575421183576572"},"htmlText":"Why, go NIO!&nbsp;","listText":"Why, go NIO!&nbsp;","text":"Why, go 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