Why Is Nio Stock Down More Than 6% Thursday?

InvestorPlace2022-04-08

Nio(NYSE:NIO) stock closed down more than 6% as Chinese stocks in general struggled on Thursday. However, there is another factor contributing to NIO stock’s price decline.CNEVPost reported that Zhang...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SilentWarrio
2022-04-13
SilentWarrio
Time to buy and hold
Coyotero
2022-04-08
Coyotero
The Excuse to thumb the price... shorts like this.
JC888
2022-04-08
JC888
Ignore the negativity and the noise out there. On a day where Nasdaq is tumbling, is it a wonder that NIO is falling in tandem ? Have some faith in Li Bin is focusing on all the promised deliverables and Hope that the respective EU Hd of Sales / Mkting is going a competent job of paving the way for NIO EVs to be in the rest of EU before the Summer and Autumn and Winter is over. Good things come to those who wait, and wait and wait..... Hee Hee
JC888
2022-04-08
JC888
Another bias articl. Staff movemt is part & parcel of any firm. To think that Mr Jianyong has been working at Autonomous Driving since 2015 - results ? In the Biz World it itsresults that resonates loudest right ? EV sector is highly competitive & whoever scores this last milestone will be Top (for a while). Why is there no mention on Renumeration received since 2015 ? Pay scale is directly proportional to stress that comes with the terrority right ? So why the gossipy slant ? Dun understand. LOL
pennko
2022-04-08
pennko
Like, pls. Thanks.

Leave a comment

187

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1142905220?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-04-08 10:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1142905220","market":"us","top_or_hot":-1,"title":"Why Is Nio Stock Down More Than 6% Thursday?","media":"InvestorPlace","content":"<div>\n<p>Nio(NYSE:NIO) stock closed down more than 6% as Chinese stocks in general struggled on Thursday. However, there is another factor contributing to NIO stock’s price decline.CNEVPost reported that Zhang...</p>\n\n<a href=\"https://investorplace.com/2022/04/why-is-nio-nio-stock-down-today-chinese-stocks/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Nio Stock Down More Than 6% Thursday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Nio Stock Down More Than 6% Thursday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/why-is-nio-nio-stock-down-today-chinese-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio(NYSE:NIO) stock closed down more than 6% as Chinese stocks in general struggled on Thursday. However, there is another factor contributing to NIO stock’s price decline.CNEVPost reported that Zhang...</p>\n\n<a href=\"https://investorplace.com/2022/04/why-is-nio-nio-stock-down-today-chinese-stocks/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://investorplace.com/2022/04/why-is-nio-nio-stock-down-today-chinese-stocks/","article_id":"1142905220","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142905220","pubTimestamp":1649385080,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Nio(NYSE:NIO) stock closed down more than 6% as Chinese stocks in general struggled on Thursday. How","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来"},"translate_title":"为什么蔚来股票周四下跌超过6%？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0.9},"content_text":"Nio(NYSE:NIO) stock closed down more than 6% as Chinese stocks in general struggled on Thursday. However, there is another factor contributing to NIO stock’s price decline.CNEVPost reported that Zhang Jianyong, Nio’s associate vice president of autonomous driving and head of autonomous driving systems engineering, is leaving the company.Why Is NIO Stock Down Today?Jianyong joined Nio in 2015 and helped envision the electric vehicle (EV) company’s autonomous driving program. While at Nio, he led the company’s “autonomous driving systems team of nearly 400 people.” The departure of Jianyong will likely shake up the internal structure of Nio’s management model.However, Jianyong’s departure was in good spirit. The executive reportedly plans to start his own automotive chip startup. On top of that, Nio CEO William Li has expressed interest in investing in the startup. In the long term, this may potentially benefit Nio’s business if the startup is successful. Realistically, it’s still way too early to draw any conclusions from Jianyong’s departure.Last month, Nio announced that it had successfully listed on the Stock Exchange of Hong Kong. The company initiated this move due to delisting fears on U.S. exchanges. Specifically, the Holding Foreign Companies Accountable Act (HFCAA) states that foreign companies must submit audited filings to U.S. auditors. If no audited filings are received for three consecutive years, then the violating company may be removed from U.S. exchanges.The China Securities Regulatory Commission announced last week that it had begun “drafting a framework” to allow the more than 200 Chinese companies listed on U.S. exchanges to stay listed. Furthermore, it was reported that the Chinese government is aware some Chinese companies may be delisted from U.S. exchanges. This is because certain Chinese companies may own information that would compromise national security if shared.UBS Upgrades NIO StockLast Monday, UBS analyst Paul Gong upgraded Nio from “hold” to “buy.” However, the analyst also lowered his price target from $46 to $32. Gong noted that Nio is “down 44% in the past 12 months.” On the other hand, the EV company is expected to launch three new models this year that could “drive sales acceleration.” UBS’s proprietary survey also revealed that the company is gaining increased brand recognition. According to Gong, the company’s“consumer mindshare” has now surpassed BMW (OTCMKTS:BMWYY), Audi and Mercedes (OTCMKTS:DMLRY).Nio has an average price target of $44.74 among 26 analysts with coverage of the stock. The price target implies 120% upside from today’s closing price.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9017556935,"gmtCreate":1649802851002,"gmtModify":1676534576756,"author":{"id":"3580689210488653","authorId":"3580689210488653","name":"SilentWarrio","avatar":"https://static.tigerbbs.com/c904a9b7d64fe6eb5230d2a57a74ffee","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Time to buy and hold","listText":"Time to buy and hold","text":"Time to buy and hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017556935","repostId":1142905220,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9015906955,"gmtCreate":1649402512843,"gmtModify":1676534506583,"author":{"id":"4088603056259110","authorId":"4088603056259110","name":"Coyotero","avatar":"https://static.tigerbbs.com/574bc8dfeae125970c5216cebb00264f","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"The Excuse to thumb the price... shorts like this.&nbsp;","listText":"The Excuse to thumb the price... shorts like this.&nbsp;","text":"The Excuse to thumb the price... shorts like this.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015906955","repostId":1142905220,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9015079540,"gmtCreate":1649400218497,"gmtModify":1676534506186,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Ignore the negativity and the noise out there.&nbsp; On a day where Nasdaq is tumbling, is it a wonder that NIO is falling in tandem ?&nbsp; Have some faith in Li Bin is focusing on all the promised deliverables and Hope that the respective EU Hd of Sales / Mkting is going a competent job of paving the way for NIO EVs to be in the rest of EU before the Summer and Autumn and Winter is over.&nbsp; Good things come to those who wait, and wait and wait..... Hee Hee","listText":"Ignore the negativity and the noise out there.&nbsp; On a day where Nasdaq is tumbling, is it a wonder that NIO is falling in tandem ?&nbsp; Have some faith in Li Bin is focusing on all the promised deliverables and Hope that the respective EU Hd of Sales / Mkting is going a competent job of paving the way for NIO EVs to be in the rest of EU before the Summer and Autumn and Winter is over.&nbsp; Good things come to those who wait, and wait and wait..... Hee Hee","text":"Ignore the negativity and the noise out there. On a day where Nasdaq is tumbling, is it a wonder that NIO is falling in tandem ? Have some faith in Li Bin is focusing on all the promised deliverables and Hope that the respective EU Hd of Sales / Mkting is going a competent job of paving the way for NIO EVs to be in the rest of EU before the Summer and Autumn and Winter is over. Good things come to those who wait, and wait and wait..... Hee Hee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015079540","repostId":1142905220,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9015042347,"gmtCreate":1649399155907,"gmtModify":1676534506053,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Another bias articl.&nbsp; Staff movemt&nbsp;is part &amp; parcel of any firm.&nbsp; To think that Mr Jianyong has been working at Autonomous Driving since 2015 - results ?&nbsp; In the Biz World it itsresults that resonates loudest right ?&nbsp; EV sector is highly competitive &amp; whoever scores this last milestone will be Top (for a while).&nbsp; Why is there no mention on Renumeration received since 2015 ?&nbsp; Pay scale is directly proportional to stress that comes with the terrority right ?&nbsp; So why the gossipy slant ?&nbsp; Dun understand. LOL","listText":"Another bias articl.&nbsp; Staff movemt&nbsp;is part &amp; parcel of any firm.&nbsp; To think that Mr Jianyong has been working at Autonomous Driving since 2015 - results ?&nbsp; In the Biz World it itsresults that resonates loudest right ?&nbsp; EV sector is highly competitive &amp; whoever scores this last milestone will be Top (for a while).&nbsp; Why is there no mention on Renumeration received since 2015 ?&nbsp; Pay scale is directly proportional to stress that comes with the terrority right ?&nbsp; So why the gossipy slant ?&nbsp; Dun understand. LOL","text":"Another bias articl. Staff movemt is part & parcel of any firm. To think that Mr Jianyong has been working at Autonomous Driving since 2015 - results ? In the Biz World it itsresults that resonates loudest right ? EV sector is highly competitive & whoever scores this last milestone will be Top (for a while). Why is there no mention on Renumeration received since 2015 ? Pay scale is directly proportional to stress that comes with the terrority right ? So why the gossipy slant ? Dun understand. LOL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015042347","repostId":1142905220,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9015032252,"gmtCreate":1649389617183,"gmtModify":1676534504529,"author":{"id":"3581574861164416","authorId":"3581574861164416","name":"pennko","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like, pls. Thanks.&nbsp;","listText":"Like, pls. Thanks.&nbsp;","text":"Like, pls. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015032252","repostId":1142905220,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":187,"commentSize":18,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142905220"}