NIO Inc ADR
NIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| & | LOCK|&?! | LOCK|<<%&D!^ |
Nio Earnings: Disappointment in Margin and Cost Control Continued; Valuation Cut by 11%
Nio’s first-quarter revenue grew 21% year over year, missing the low end of previous guidance, as competition, inventory clearance, and model mix change led to a 15% decline in vehicle prices.
