Why Nio Shares Are Falling

Benzinga2021-09-21

Shares of several Chinese companies, includingNio Inc - ADR

NIO+5.75%(Get Free Alerts for NIO), are trading lower as investors weigh the possible default of major China-based real estate company Evergrande Group.

Nio is trading lower by 7.7% over the past five sessions as stocks also pull back amid August strength.

Nio operates in China's premium electric vehicle market. The company designs and jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving and artificial intelligence.

Nio is trading lower by 5.3% at $35.54. Nio has a 52-week high of $66.99 and a 52-week low of $16.75.

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

525d868
2021-09-21
525d868
Tiger to the moon
Rdhilly
2021-09-21
Rdhilly
.
Tsukey2004
2021-09-21
Tsukey2004
Maybe NIO can pull off something to boost Investor’s’ confidence
SSVC
2021-09-21
SSVC
Ok Appreciate your comments and response Thanks
- 88huat:
  K
Footixx
2021-09-21
Footixx
😩
Blading23
2021-09-21
Blading23
Read
- Blading23:
  comment

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