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Nio shares slide after revenue misses estimates despite narrower loss
Proactive18d agobearish
Nio shares slide after revenue misses estimates despite narrower loss

NIO Inc (NYSE:NIO) shares fell after the Chinese electric vehicle maker posted second-quarter revenue that missed Wall Street expectations, even as the company narrowed its losses and pointed to improving margins. Revenue rose 69.1% year-over-year to RMB32.14 billion ($4.74 billion), falling...