Nio, Zevra Therapeutics, Vertex Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Tuesday.

Shares ofNIO Inc.(NYSE:NIO) rose sharply during Tuesday's session as the company reported better-than-expected fourth-quarter financial results, and stronger-than-expected first-quarter revenue outlook.

The company reported quarterly revenue of 34.65 billion yuan ($4.95 billion), up 75.9% year over year and 59.0% sequentially. The figure exceeded the analyst consensus estimate of $4.61 billion. Excluding one-time items, adjusted earnings came in at 0.29 yuan (4 cents) per ADS. That result improved significantly from a loss of 3.17 yuan per ADS a year earlier and topped expectations...