Category: NIO
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Why Nio Stock Surged Higher Monday
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Chinese electric vehicle (EV) maker. New (NYSE: NEO) It recently announced another strong month of vehicle deliveries. Last week’s announcement helped push Nio shares higher. But other news related to its local market and its latest luxury electric cars are attracting more investors today. Nio shares are up nearly 20%…
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A Wall Street Analyst Thinks Nio Stock Is Going to $3.90. Is It a Sell?
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The global electric vehicle market is becoming crowded, and Chinese electric vehicle makers are among the main reasons for this. Although it has not yet achieved profits, New (NYSE: NEO) It is one of those China-based companies that is ramping up production and exporting more and more of its high-tech…
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More Good News for Nio Investors
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New (NYSE: NEO) It’s been a roller coaster ride for investors over the past month as its share price has risen by more than 65%. It has had a few good pieces of good news, including the Chinese government’s stimulus package, the fact that its new affordable Onvo brand is…
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Wall Street analysts increasingly bullish on Nio stock after a 50% YTD drop By Investing.com
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Investing.com – Despite NIO Inc (NYSE:) (HK:) seeing a sharp 50% decline since the beginning of the year, Wall Street analysts are increasingly optimistic about the company’s future prospects. Both Jefferies and Citi Research expressed confidence in Nio’s ability to recover, pointing to a series of upcoming catalysts that could…