Today, NIO released its June delivery numbers. The deliveries totaled 10,331 vehicles during the second quarter, which beat its quarterly guidance.
Constellation Brands (NYSE:STZ) stock rose 6.3% on Wednesday. The company's first-quarter adjusted EPS of $2.30 beat analysts’ forecast of $2.01.
Beyond Meat (NASDAQ:BYND) wants to expand in the Chinese market. The company will offer Beyond Burgers in Alibaba’s (NYSE:BABA) Freshippo stores.
NIO (NYSE:NIO) will likely report its June deliveries in a few days. Usually, monthly delivery data is a strong catalyst for the stock’s short-term movement.
FedEx (NYSE:FDX) stock rose 10% in pre-market trading at 6:16 AM ET today. On Tuesday, the company reported its strong results for the fourth quarter of fiscal 2020,
Tesla stock could see another leg up if it gets included in the S&P 500 Index. So far, Tesla stock has risen by 141% YTD.
Shake Shack (NYSE:SHAK) has big plans in China. The company announced that it will open 55 franchised restaurants in Mainland China by 2030.
NIO (NYSE:NIO) launched its third SUV, EC6, at the Shenzhen Auto Show in December 2019. The EC6 is a smart electric coupe-style SUV.
Most airline stocks reported gains in June. American Airlines and United Airlines (NYSE:UAL) saw their stocks rise by double-digits at 19.8% and 19.7%.