Why NIO Stock Is Down Wednesday

Motley Fool2021-07-15

Investors are still skittish after last week's actions against DiDi Global. What happened Shares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' ...

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Comments

liangwee888
2021-07-16
liangwee888
comments
Grednana
2021-07-15
Grednana
V shape pls...
- liangwee888:
  comments
spj
2021-07-15
spj
Am thankful to all those who sold on Wednesday. I was looking to add more Nio and yesterday was a golden opportunity
Customizer
2021-07-15
Customizer
Down to support line. It’s time to whack it up! $NIO Inc.(NIO)$[Cool]
50c6217b
2021-07-15
50c6217b
Hope it goes up

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Although investors' ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/\">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://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/","article_id":"1150057304","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150057304","pubTimestamp":1626308096,"sourceInfo":null,"weMediaInfo":null,"summary":"Investors are still skittish after last week's actions against DiDi Global.Shares of Chinese electric-vehicle maker NIO were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Globaland other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.Is tha","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来"},"translate_title":"为什么蔚来股票周三下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0.9},"content_text":"Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Global(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.\nAs of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.\nSo what\nChina's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, includingKanzhun andFull Truck Alliance. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.\nBut it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.\nIs that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.\nNow what\nIf there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.\nIn the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.","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":147464805,"gmtCreate":1626386160907,"gmtModify":1703758978445,"author":{"id":"3554799941327384","authorId":"3554799941327384","name":"liangwee888","avatar":"https://static.tigerbbs.com/5b494f711d74543d0aebd4ba8cd2e434","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"comments","listText":"comments","text":"comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147464805","repostId":1150057304,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147653298,"gmtCreate":1626357106814,"gmtModify":1703758578036,"author":{"id":"3571355542071247","authorId":"3571355542071247","name":"Grednana","avatar":"https://static.tigerbbs.com/aff5083a5c5c5db47d53e17857443b44","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"V shape pls...","listText":"V shape pls...","text":"V shape pls...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147653298","repostId":1150057304,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5232659,"gmtCreate":1626386147035,"gmtModify":1663231029528,"authorId":3554799941327384,"author":{"id":3554799941327384,"authorId":3554799941327384,"name":"liangwee888","avatar":"https://static.tigerbbs.com/5b494f711d74543d0aebd4ba8cd2e434","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147653298,"type":1,"supId":0,"prevId":0,"content":"comments","text":"comments","html":"comments"}],"langContent":"EN"},{"id":147173404,"gmtCreate":1626345864808,"gmtModify":1703758319631,"author":{"id":"3577478273531959","authorId":"3577478273531959","name":"spj","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Am thankful to all those who sold on Wednesday. I was looking to add more Nio and yesterday was a golden opportunity&nbsp;","listText":"Am thankful to all those who sold on Wednesday. I was looking to add more Nio and yesterday was a golden opportunity&nbsp;","text":"Am thankful to all those who sold on Wednesday. I was looking to add more Nio and yesterday was a golden opportunity","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147173404","repostId":1150057304,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147961917,"gmtCreate":1626328147739,"gmtModify":1703757983213,"author":{"id":"4088429072179830","authorId":"4088429072179830","name":"Customizer","avatar":"https://static.tigerbbs.com/1aa700da3be9d28731586c67f5ce84d9","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Down to support line. It’s time to whack it up! <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>[Cool]&nbsp;","listText":"Down to support line. It’s time to whack it up! <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>[Cool]&nbsp;","text":"Down to support line. It’s time to whack it up! $NIO Inc.(NIO)$[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147961917","repostId":1150057304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147915928,"gmtCreate":1626326908464,"gmtModify":1703757958560,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hope it goes up","listText":"Hope it goes up","text":"Hope it goes up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147915928","repostId":1150057304,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":145,"commentSize":34,"repostSize":0,"favoriteSize":0,"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/1150057304"}