Not only $NIO+1.0%, but also $HPQ+1.1% 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 $NIO+1.0% yesterday.
HP Inc.
HPQCapital Structure
Market Cap
34.7B
Enterpr. Val.
41.4B
Valuation
P/E
12.6
P/S
0.7
It's nice how Nio is holding up despite the results, that's a good sign! :)
I think$NIO+1.0% is a pretty nice buy at current prices.