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Benzinga
Benzinga
Business
Adam Eckert

EXPLAINED: Nio shares are tapping the brakes today here s why | Vintage Vibes

NIO Inc (NYSE:NIO) shares are trading lower Monday in sympathy with XPeng Inc (NYSE:XPEV), which reported its unaudited first-quarter financial results this morning. 

  • XPEV Revenue: $1.18 billion beat estimate of $1.09 billion.
  • XPEV EPS: $0.28 in line with estimates.
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