NIO Inc ADR
NIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Jx | LOCK|lG# | LOCK|P$$@!^ |
Nio: New ES8 Launch Ignites Market Sentiment; Shares Jump but We Remain Cautious Given Past Issues
Nio’s American Depositary Shares were up 34% in the past five days and 39% in the past month, following the company’s release of the new generation ES8 model last week. Preorders started on the same day, and the model will be officially launched in late September.
