Tag: gross margins

  • Nio Stock Could Drop Even More

    Nio Stock Could Drop Even More

    Shares of NIO were down about 8%, or $1.57 today. While the company beat revenue expectations, and reported a better than expected net loss, the company is still showing a drop in its profit margins. In fact, gross margins dropped to 14.6% from 17.2% quarter over quarter.  Revenue came in at $1.56 billion – a…