Nio Inc. (NIO) earnings report indicated -$0.30 in EPS and $1.83B in revenue. NIO stock price today is up over 10% so far. Vehicle deliveries amounted to 31,607. "Nio Inc. is shifting towards a big year-end production of vehicles. They are expecting to deliver between 43K to 48K electric vehicles next quarter. Also, Yeti Holdings (YETI) saw a strong earnings report that beat estimates," says Renita Young.
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