Nio Shares Soar Over 10% as Doubled Delivery in April Outper…

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TMTPost -- The American Depositary Receipts (ADRs) of Nio Inc. soared as much as 15.3% and settled around 11.7% higher to US$5.27 on Wednesday. Shares of the Chinese electric vehicle (EV) maker outperformed as two major U.S. stock market indices--S&P 500 and Nasdaq Composite closed both closed 0.3% lower that day. As the best of EV peers, shares of Nio hit their highest close since March 18, while shares of its