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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. Nio
Shares of GameStop (NYSE:GME) rose 6.3% Monday after the video game retailer announced its CEO succession plan.
So what
Current CEO George Sherman will step down on July 31, or potentially sooner if a new chief executive is found. GameStop said in its annual report on March 23 that its board of directors had initiated a search for a replacement for Sherman, one with the skills and experience to oversee its turnaround efforts.
GameStop s stock price climbed Monday as shareholders applauded the timeline for its CEO search. Image source: Getty Images.
Chewy founder Ryan Cohen took an approximate 13% stake in GameStop last year. He s slated to become GameStop s chairman following its shareholder meeting in June. Cohen has pushed to infuse GameStop s executive ranks with leaders who possess the technological expertise he believes the company needs if its new online strategy is to be successful. Sherman apparently didn t fit the bill.
I made a 500pc return on dogecoin
It was like betting on elections or sport: a mix of not wanting to miss out on some dumb fun, and having a slight chance in the future to say: âI was rightâ.Â
Apr 20, 2021 â 1.04pm
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It was the first âinvestmentâ I made outside of my superannuation.
Iâm not sure if the returns will last, but I plan to remain invested. For now.
The cryptocurrency was created as a joke in 2013 as a coin with the face of a Shiba Inu dog, a popular internet meme. This week, it briefly became the fourth-largest cryptocurrency by market capitalisation when prices hit a high of about US43¢.
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