Nio$NIO denied a report that it was trying to raise more money from investors, but the stock is falling anyway. Overbought?

Shares of Nio $NIO are down more than 5% in premarket trading after the company announced a proposed offering of $500 million aggregate principal amount of convertible senior notes due 2029 and $500 million aggregate principal amount of convertible senior notes due 2030.

$NIO Technology Day is officially scheduled for September 21. Would you be interested in a summary of the news? The Nio Phone is finally expected to be announced as well, so I'm curious 😀 .

Not only $NIO, but also $HPQ 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 $NIO yesterday.

So buying yesterday after a 9% drop proved to be a great option. $NIO recovered quickly and ended up losing only one percent.

Has anyone here been buying Nio stock too? 🤔

I just expanded my position at Nio $NIO. The results have been poor as expected, but that doesn't change the longer term vision. The number of deliveries will slowly start to stabilize, what will be more important for me is the results in the coming years, new products (cars, mobiles and infra expansion) and expansion. Possibly even possibly partnerships, there has been...
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I'm curious to see what today's $NIO and $HPQ results will be. Are you planning to watch the results today?

What do you think about next week and the results, who will you be watching? I'm clear - $NIO 😎

Did you see this news about $NIO yesterday?

In response to the upcoming requirement that all taxis in Oslo operate as electric vehicles by November 2024, Oslo Taxi has made a significant choice. The company has decided to partner with Nio Norge as its primary EV provider, marking a significant step towards a more sustainable transport future.

I would like to include some automotive company stocks in my portfolio, but I don't really understand the sector and it's a sector I need to find out more about. However, I'm trying to follow it somehow and so far I think I like...
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Have a great start to the investment week folks. 😊

There's certainly a lot coming up this week, I'm looking forward to more summaries as well, anyway what caught my eye were the short numbers around $NIO, which I noticed is quite popular here. I'm not personally invested because I'm scared of the environment in China, but I understand that some see the potential here and this...
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Electric vehicle (EV) manufacturer $NIO seems to be enjoying the fruits of a particularly generous Chinese government of late. China's National Development and Reform Commission "urged local governments to ease restrictions on car purchases and introduce measures to encourage new car purchases."

Today we'll take a look at the latest news and updates on Nio $NIO, as the last month has been more than just a good one for Nio investors (+52%).

So I finally found the reason for yesterday's rise in Nio $NIO.... In a bid to revive its lagging economy, the National Development and Reform Commission (NDRC), the government agency responsible for economic development in China, has said it is keen to bring in private capital to help in the development of major projects across the country, including EV and infrastructure...
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Most Asian stocks rose sharply today on expectations that China is close to completing its rate hike cycle for this year, while the prospect of further stimulus measures from China following weaker economic data is also supporting growth.

Nio $NIO so up +11.8% on HKG today 👌.