Previous Close | 11.10 |
Open | 11.57 |
Bid | 8.95 |
Ask | 10.05 |
Strike | 36.00 |
Expire Date | 2024-05-10 |
Day's Range | 11.10 - 11.57 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Nio deliveries jumped vs. March while Li Auto and XPeng reported too. EV giant BYD showed a continued rebound.
NIO delivered 15,620 vehicles in April, up from 11,866 in March and up 135% from the 6,658 delivered a year ago. Earnings were better than feared after Tesla delivered just 387,000 units in the first quarter, missing the lowest Wall Street estimates by some 20,000 vehicles.
Amid recent turbulence in the U.S. stock market, characterized by sharp declines and heightened inflation concerns, investors are navigating a challenging economic landscape. In such times, growth companies with high insider ownership can be particularly appealing, as significant insider stakes often signal confidence in the company's future prospects from those who know it best.