NIO Stock Soars Past 52-Week High After Record Deliveries
NIO (NYSE:NIO) shares advanced on Wednesday after the Chinese electric vehicle maker reported record September and third-quarter deliveries, underscoring strong demand across its expanding portfolio. The numbers lifted the stock above its 52-week high of $7.78. The company delivered 34,749 vehicles in September, a 64.1% year-over-year increase and its best monthly performance to date. The tally included 13,728 vehicles from the premium NIO brand, 15,246 from its family-oriented ONVO line, and 5,775 from t ...