NIO Inc ADR
NIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| l | LOCK|@& | LOCK|y$@^P>S |
Nio Earnings: Vehicle Margin Missed; Expectation of a Strong Fourth Quarter Spurred Share Price
Nio’s second-quarter revenue grew 9% year on year, as strong volume sales were offset by price competition and product mix changes, resulting in an 18% decline in vehicle pricing and a 2-percentage-point drop in vehicle margin.
