Not only $NIO+5.1%, but also $HPQ+0.7% results in Q2 show a decline in sales and profit. Sales were down 9.9% year-over-year and net profit was down 32%. Even so, there was no significant drop in either :) and someone certainly took advantage of the temporary drop in $NIO+5.1% yesterday.
HP Inc.
HPQCapital Structure
Market Cap
32.1B
Enterpr. Val.
38.8B
Valuation
P/E
11.7
P/S
0.6
It's nice how Nio is holding up despite the results, that's a good sign! :)
I think$NIO+5.1% is a pretty nice buy at current prices.