Not only $NIO0.7%, but also $HPQ0.8% results in Q2 show a decline in sales and profit. Sales were down 9.9% year-over-year and net profit was down 32%. Even so, there was no significant drop in either :) and someone certainly took advantage of the temporary drop in $NIO0.7% yesterday.
HP
HPQMarket Cap
24B
P/E
9.81
Div. Yield
4.40%
EV
32B
P/S
0.45
Payout
42.79%
It's nice how Nio is holding up despite the results, that's a good sign! :)
I think$NIO0.7% is a pretty nice buy at current prices.