NIO Inc
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Consumer Discretionary : Automobiles |
Based in China
Company profile

Nio, Inc. designs, manufactures and sells smart and connected electric vehicles. It manufactures autonomous driving electric vehicles integrated with next generation technologies and artificial intelligence. It manufactures ES8, which is a seven-seated all aluminum alloy body electric sports utility vehicle (SUV). It is equipped with e-propulsion system which is capable of accelerating from zero to 100 km per hour in 4.4 seconds and delivering a New European Driving Cycle driving range of up to 355 Kilometers (km) and a maximum range of up to 500 km in a single charge. It is also focused on providing vehicle charging solutions, which include Power Home, Power Swap, Power Mobile and Power Express service. It also offers various value-added services to its users, such as statutory and third-party liability insurance and car damage insurance through third-party insurers, repair and routine maintenance services, courtesy car during lengthy repairs and maintenance and roadside assistance.

This security is an American depositary receipt
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Closing Price
$56.27
Day's Change
-4.60 (-7.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
60.22
Day's Low
55.67
Volume
(Below Average)
Volume:
132,247,850

10-day average volume:
164,950,704
132,247,850

Coupa Software's stock soars after selection by Walmart to update payment processes

8:24 am ET November 5, 2020 (MarketWatch)
Print

Shares of Coupa Software Inc. (COUP) soared 11.0% in premarket trading Thursday, after the business spend management software company said it was chosen to Walmart Inc. (WMT) to upgrade the retail behemoth's source-to-pay processes. Coupa is expected to enhance Walmart's visibility into its global spend, which will help improve efficiencies and help Walmart save money in the end-to-end procurement process. "We look forward to bringing the same cost-conscious mindset to their business spend activities that they employ through their omni-channel, everyday low price approach to serving millions of customers each week," said Coupa Chief Executive Rob Bernshteyn. Coupa's stock has nearly doubled (up 88.8%) year to date through Wednesday, while the S&P 500 has gained 6.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 05, 2020 08:24 ET (13:24 GMT)

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