|Bid||9.75 x 1300|
|Ask||9.77 x 1000|
|Day's Range||9.70 - 10.19|
|52 Week Range||7.16 - 18.01|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.97|
Muddy Waters Capital Founder and CIO Carson Block joins Yahoo Finance Live to discuss the crackdown on U.S.-listed Chinese companies.
For the calendar month, U.S.-listed shares in Nio were down 16%, according to data provided by S&P Global Market Intelligence. All equities come with risks, but there can be certain unique risks with owning international companies. The latest concerns with Chinese stocks began after ride-hailing company DiDi Global went public on the New York Stock Exchange on the last day of June.
"In Q2 we invested in recovery by investing in drivers and we made strong progress, with monthly active drivers and couriers in the US increasing by nearly 420,000 from February to July," said Dara Khosrowshahi, CEO. Shares of Uber fell $3.57, or 8.5%, to $38.24 in after-hours trading Wednesday. On Tuesday, Uber rival Lyft LYFT reported a narrower loss for its latest quarter.