Name: Nio (NIO) Falls As Losses Widen & Revenue Declines
Uploaded: 2023-08-29T19:35:06.855
Duration: 6 min 47 s

Join host Ben Lichtenstein as he examines the latest developments in the futures markets live. This show uses charts and technical analysis to break down commodities trading and explore trading trends. Guest contributors also make appearances, sharing their insights on futures trading as it relates to market events.

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Nio Inc. (NIO) falls as losses widen and revenue declines. Its adjusted EPS came in at -$0.45 versus an estimated -$0.36 and revenue came in at $1.21B versus an estimated $1.35B. George Tsilis discusses this as NIO’s total deliveries fell 6.1% year-over-year. NIO’s 3Q revenue guidance is between $2.61B-$2.69B and deliveries between 55,000-57,000. Tune in to find out more about the stock market today.

Nio (NIO) Falls As Losses Widen & Revenue Declines

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.