NIO stock jumps after profit alert flags first quarterly operating profit — what investors watch next
NIO shares surged 9.1% to $4.85 Thursday after the Chinese EV maker projected its first quarterly adjusted operating profit, reversing a 5.54 billion yuan loss a year earlier. The company expects Q4 adjusted profit of 700 million to 1.2 billion yuan, citing a 72% jump in deliveries to 124,807 vehicles. Investors await full results for more detail on margins and cash flow.