NIO (NIO) IPO Sees Upside After Weak Start
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NIO Inc. (NIO) Climbs to High, Up 45%
September 13, 2018 10:56 AM EDTNIO Inc. (NYSE: NIO) Climbs to High, Up 45%
Chinese electric carmaker NIO shares rev up after shaky U.S. debut
September 12, 2018 11:09 AM EDT(Reuters) - Shares of Chinese electric carmaker NIO Inc (NYSE: NIO) recovered sharply from a 15 percent fall in their market debut on Wednesday, a day after the company's IPO was priced at the lower end of the expected range.
NIO shares rose as much as 11 percent to $6.93 in afternoon trading, giving it a market capitalization of $7.11 billion.
The rebound in shares was a welcome relief for NIO, whose offering came under pressure as investors have turned wary about electric carmakers... More
China EV Maker NIO Inc. (NIO) IPO Opens 4% Lower
September 12, 2018 10:34 AM EDTToday's IPO for NIO Inc. (NYSE: NIO) opened for trading at $6 after pricing 160,000,000 American depositary shares at a price to the public of US$6.26 per ADS.
Morgan Stanley & Co. LLC, Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner... More
NIO Inc. (NIO) Prices 160M ADS IPO at $6.26/ADS
September 12, 2018 5:52 AM EDTNIO Inc. (NYSE: NIO), a pioneer in Chinas premium electric vehicle market, today announced the pricing of its initial public offering of 160,000,000 American depositary shares (ADSs) at a price to the public of US$6.26 per ADS for a total offering size of approximately US$1.0... More
