The NIO washout: After hitting the $4.74 target, is a relief rally imminent?
NIO Inc. (NIO) continues to be a central name in the premium electric vehicle space for China and Europe, but the stock has been through a punishing stretch lately. Since November, shareholders have watched a decline of over 30%, a move that was actually telegraphed well in advance.
NIO Inc. (NIO) continues to be a central name in the premium electric vehicle space for China and Europe, but the stock has been through a punishing stretch lately. Since November, shareholders have watched a decline of over 30%, a move that was actually telegraphed well in advance.
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