NIO Stock Goes on Wild Ride After Conflicting Capital Raise Reports

Reports surfaced that NIO planned to raise capital, causing the stock to drop initially.
NIO denied plans to raise capital, leading to a stock rebound.
The stock gyrations happened before the U.S. market opened Monday.
NIO investors have been on a "mini road trip" amid the conflicting reports.
An internet explorer browser warning appears on the Barron's website.

barrons.com

Relevant topic timeline:

8/28/2023

What to Expect from Nio’s Q2 Report - TipRanks.com

Nio is expected to release its Q2 results with an anticipated EPS of -$0.41 and revenue of $1.26 billion, while options traders are pricing in a 10.62% move in Nio stock following the earnings report.

8/29/2023

Nio's stock drops after losses widen and revenue falls more than forecast

Shares of Nio Inc. dropped after the China-based electric-vehicle maker reported second-quarter results that missed expectations but provided a positive revenue outlook for the current quarter.

8/29/2023

Here's the Truth About Nio Stock: Nio Earnings, Prediction, and Analysis

Nio, once favored by growth investors, has experienced a significant decline in stock value, prompting questions about whether it is currently a good investment opportunity.

9/7/2023

Chinese Stocks Sink as Export Decline Stokes Trade Tension Fears

Shares of Nio Inc., along with other U.S.-listed China-based companies, have experienced a decline in response to weak demand for products made in China and growing concerns about trade tensions between the U.S. and China.

9/19/2023

NIO Stock Drops 17% as Company Raises $1B Through Notes Despite Q2 Struggles and New Model Launches

Chinese electric vehicle (EV) manufacturer NIO's stock is declining after announcing plans to raise $1 billion through the issuance of convertible senior notes, as the company looks to strengthen its balance sheet and support its growth plans.

9/25/2023

NIO Denies $3B Fundraising Report, Says No Plans For Further Investments

Chinese EV maker NIO has denied reports that it is considering raising $3 billion from investors, stating that it currently has no reportable capital raising activity; this comes after NIO received a $738.5 billion investment from CYVN Holdings to support its global expansion.

9/29/2023

NIO Stock Rises Despite Broader Declines; EPS and Revenue Growth Expected Despite Recent Estimate Cuts

NIO Inc. closed at $9.04, up 1.46% from the previous trading session, as Wall Street looks for positivity ahead of the company's next earnings report. The Zacks Consensus Estimate for earnings is expecting a year-over-year decline of 19.44%, while revenue is projected to increase by 43.95% from the year-ago period. Meanwhile, NIO Inc. currently has a Zacks Rank of #4 (Sell) and the Automotive - Foreign industry is ranked in the top 39% of all industries.

Topics

Posted 9/25/2023, 2:16:00 PM

NIO Stock Goes on Wild Ride After Conflicting Capital Raise Reports

Reports surfaced that NIO planned to raise capital, causing the stock to drop initially.
NIO denied plans to raise capital, leading to a stock rebound.
The stock gyrations happened before the U.S. market opened Monday.
NIO investors have been on a "mini road trip" amid the conflicting reports.
An internet explorer browser warning appears on the Barron's website.

barrons.com

Relevant topic timeline:

8/28/2023

What to Expect from Nio’s Q2 Report - TipRanks.com

8/29/2023

Nio's stock drops after losses widen and revenue falls more than forecast

Shares of Nio Inc. dropped after the China-based electric-vehicle maker reported second-quarter results that missed expectations but provided a positive revenue outlook for the current quarter.

8/29/2023

Here's the Truth About Nio Stock: Nio Earnings, Prediction, and Analysis

Nio, once favored by growth investors, has experienced a significant decline in stock value, prompting questions about whether it is currently a good investment opportunity.

9/7/2023

Chinese Stocks Sink as Export Decline Stokes Trade Tension Fears

9/19/2023

NIO Stock Drops 17% as Company Raises $1B Through Notes Despite Q2 Struggles and New Model Launches

9/25/2023

NIO Denies $3B Fundraising Report, Says No Plans For Further Investments

9/29/2023

NIO Stock Rises Despite Broader Declines; EPS and Revenue Growth Expected Despite Recent Estimate Cuts