NIO drops after record June deliveries, outlook math in focus
NIO Inc. slipped Thursday. Shares lost 3.62% to $4.79 after the EV maker turned in its best delivery month this year, but investors looked past that to the numbers behind the quarter. Around 35.2 million shares traded, close to the 50-day average. The Dow added 1.14%; the Nasdaq Composite fell 0.80%.