Why Is Nio Stock Going Down
What guidance has NIO issued on next quarters earnings. However recently it has fallen sharply from its recent highs. Why Nio Stock Is Down Today Despite A Good Sales Report The Motley Fool 2Why NIO Stock Opened Higher Today The Motley Fool. Why is nio stock going down . The stock was down in early trading Friday then turned around. There are a few reasons for optimism. Battery swap is the reason why Nio might be one of the fastest electric vehicle companies to hit a net profit in a very short time if Nio keeps doing what they are doing well which is customer service and selling cars people like Nio can see net profit by the end of 2021. NIO reported stronger-than-expected results Thursday evening. Shares of Chinese electric-vehicle maker NIO opened sharply higher on Monday. A series of company-specific catalysts are lined up in the weeks ahead. As a result Nio stock could move. Another reason for the falling valuation is that the NIO stock price has simply become...