Hope not to see any Motley Fool reports, repeating what have already made known, but did not goog reasons why Nio price dropped . Don't really give credible investment information.
Why Nio Shares Dropped Again Today
Chinese electric vehicle maker Nioheld its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to purchase one, Nio stock's continued decline has resulted in a 22% drop in the stock's value over the past month. Today, shares dropped 1.03% and continued to slide 1.34% in extended hours.Nio hasn't put out any company-specific news today, but it introduced its new ET5 electric sedan last weekend, which it hopes will compete with Te
Those have interest in Baba will say it's stock is cheap, whereas those bet again BaBa will bring down price. Everyone has their own agenda. Best to judge ourselves.
Why Alibaba Stock Popped over 6% Today?
What happened
Shares of Alibaba(NYSE:BABA)stock bounced back from yesterday's tech sell-off, gaining