GameStop Corporation (NYSE: GME)Nio Inc.
Nio is a pioneer in Chinaâs premium electric vehicle market. In essence, it designs, manufactures, and sells autonomous driving EVs. The likes of which boast next-generation technologies and artificial intelligence. The company also provides users with innovative charging solutions and other user-centric service offerings as well. NIO stock currently trades at $38.53 as of 3:28 p.m. ET and has been up by over 1,000% in the last year. Earlier this month, the company provided its March and first quarter 2021 delivery update.
Source: TD Ameritrade TOS
In detail, Nio delivered 7,257 vehicles in March 2021, increasing by a staggering 373% year-over-year. Its deliveries in the three months that ended on March 2021 were 20,600 vehicles. This was an increase of 423% year-over-year. Also, the company reported its fourth-quarter financials last month. In it, vehicle sales were $946.2 million for the quarter, a 44.7% increase year-over-year. Nioâs total revenue for the quarter was $1.01 billion, a 133.2% increase compared to a year earlier.