|Bid||10.13 x 3000|
|Ask||10.17 x 3100|
|Day's range||9.96 - 10.30|
|52-week range||8.38 - 41.42|
|Beta (5Y monthly)||1.73|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Several Chinese stocks fell today as rising COVID-19 cases in the country concerned investors about more lockdowns and restrictive policies that have damaged the Chinese economy all year. Shares of the Chinese electric car maker Nio (NYSE: NIO) traded roughly 3.7% lower as of 10:51 a.m. ET today. Meanwhile, shares of the digital freight platform Full Truck Alliance (NYSE: YMM) traded nearly 8.4% down and shares of the fintech company Lufax Holding (NYSE: LU) had plummeted roughly 22.5%.
Patience can pay off handsomely when you're invested in companies with clearly defined competitive advantages.
Plenty of things have gone wrong for Nio (NYSE: NIO) shareholders recently. Nio's American depositary shares were still higher by 6.4% as of 10:30 a.m. ET. This year was supposed to be somewhat of a breakout year for Nio.