NIO Inc. (0A1K.L)
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- Zacks
NIO Inc. (NIO) Falls More Steeply Than Broader Market: What Investors Need to Know
NIO Inc. (NIO) closed at $4.27 in the latest trading session, marking a -0.7% move from the prior day.
- Benzinga
Nio, XPeng, Li Auto Benefit From China's Increased Vehicle Subsidies
China is expanding its stimulus program by approximately 300 billion yuan ($41.5 billion) to subsidize purchases of passenger vehicles and consumer electronics, aiming to boost stagnant retail spending. The update boosted Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV), and Li Auto Inc. (NASDAQ:LI). The National Development and Reform Commission and the Ministry of Finance made a joint announcement on Thursday. The funding will come from the 1 trillion yuan
- Zacks
NIO Stock on Sale After 50% YTD Plunge: Should You Buy Now?
As NIO stock hovers around 72% below its 52-week high, the question is should investors consider this a buying opportunity?
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