Nio Stock Still Remains Undervalued, Despite Mixed Q1 Guidance
- Monday, March 28, 2022, 7:27
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U.S.-listed Chinese premium electric vehicle maker Nio published a relatively strong set of Q4 2021 results on Thursday. While revenue grew by 49% to about $1.55 billion, marginally ahead of consensus, driven by strong demand for the company’s ES8, the ES6, and EC6 vehicles, net loss per American…