Why Nio Shares Plunged 8.5% on Wednesday?

Motley Fool2022-11-17

What happenedThe American depositary shares of China-based Nio were plummeting Wednesday morning. Shares dropped as much as 9% and remained down 8.1% as of 11 a.m. ET. Two news items out of China ...

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Comments

  • Guavaxf30
    2022-11-17
    Guavaxf30
    I am sorry to say I feel there is more room southside to go for NIO and other Chinese EV's. The author forgot to also mention that Tesla, the grandfather of EV's has also cut prices of their cars in China. All this because, whatever they are claiming, there is a real fear of sales slowdown.
  • tionglim
    2022-11-17
    tionglim
    Ok
  • mwlim1992
    2022-11-17
    mwlim1992
    Thx for sharing
  • Jalopy88
    2022-11-17
    Jalopy88
    Why??? For more investors to buy cheaper and profit more once it move back to $60 👍😋
  • Scalper88
    2022-11-17
    Scalper88
    If its so negative why are the whales buying in? Obviously they know something we dont Invest for long term.....going  for fast money is dangerous statistically.
    • JIREH
      but but ur name is called Scalper...
  • Geoz88
    2022-11-17
    Geoz88
    Ok 
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