Stock Market Today: Nio Climbs on New SUV Unveiling

Nio (NYSE: NIO) rallied 9.27% on Thursday to close at $5.54, outpacing both its peers and the broader market. Trading volume reached 145.2 million shares, nearly triple its three-month average, as investors reacted to the unveiling of its highly anticipated ES8 SUV line.The broader market moved lower, with the S&P 500 slipping 0.4% and the Nasdaq Composite down 0.34%. Despite the weakness in major indices, Nio stood out as one of the session's strongest performers.Among EV peers, Tesla fell 1.17% to $320.11, while Lucid Group was unchanged at $2.09. The contrast underscored investor enthusiasm centered specifically on Nio's latest developments.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool