Nio Stock Continues to Drop Over 3% in Premarket Trading
@Tiger_Newspress：
NIO shares dropped over 3% in premarket trading after prudently adjusting fourth quarter 2022 delivery outlook.NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today provided an updated delivery outlook for the fourth quarter of 2022.In December 2022, the Company has been facing challenges in deliveries and productions, together with certain supply chain constraints, caused by the outbreak of the Omicron coronavirus variant in major cities in China. While their teams have strived to maintain continuous operations on all fronts, They were not able to reach their full capacities, particularly when there have been disruptions on delivery and registration procedures involving users.The Company now expects to deliver 38,500 to 39,500 vehicles in the fourth quarter of 2022, adjusted from previous