Nio Must Continue to Manage Elevated Expectations
Raising the floor on NIO stock isn’t impossible, but it’s far from a given. Nio shareholders are discovering that it’s difficult to carry the weight of expectations. NIO stock is down about 11% in 2021. And for now, the bears appear to be in control. To be fair, Nio has been in a far worse situation. But this time investors expect more. And for Nio to reach the loftiest of the bullish projections, it has to raise its floor.Given the company’s recent successes, that is not impossible, but it als