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Benzinga
Benzinga
Business
Adam Eckert

Why Nio Stock Is Racing Higher Today

NIO Nio Inc NYSE

NIO Inc (NYSE:NIO) shares are trading higher Wednesday after the company provided a delivery update for May.

Nio said it delivered 7,024 vehicles in May bringing its total deliveries year-to-date to 37,866 vehicles, representing an increase of 11.8% year-over-year. 

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