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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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Comment13

  • Guavaxf30
    ·2022-11-17
    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.
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  • tionglim
    ·2022-11-17
    Ok
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  • mwlim1992
    ·2022-11-17
    Thx for sharing
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  • FGP
    ·2022-11-17
    Why??? For more investors to buy cheaper and profit more once it move back to $60 👍😋
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  • Scalper88
    ·2022-11-17
    If its so negative why are the whales buying in? Obviously they know something we dont Invest for long term.....going  for fast money is dangerous statistically.
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    • Mitchconner
      but but ur name is called Scalper...
      2022-11-17
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  • Geoz88
    ·2022-11-17
    Ok 
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  • Deonc
    ·2022-11-17
    Good Sharing 
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  • Deonc
    ·2022-11-17
    Good Sharing ‌$NIO Inc.(NIO)$  
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  • SLHengHuat
    ·2022-11-17
    Thanks
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  • chinks29
    ·2022-11-17
    Ok
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  • JC888
    ·2022-11-17
    Nio shares are not bought by speculators? I don't believe that. As usual western coverage is alway short on content and long on fears. Hopefully by the time I post last week EV registration results (yes week by week accounting) it will be sufficient to dispel the lies or ignorance in this article. So NIO believers pls give me a bit of time... I'll Be Backed... Lol
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    • JC888
      Auditors in  negotiation betw US n China have gone home to US.  Think its a matter of time before official announcement is out.
      Picture this if US forbids Chinese firms from listing and all these Chinese firms ended up in LSE, what will be the future state of US stk mkt?
      2022-11-17
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    • MatthewWalter
      good luck Bulls. IF anyonen deservs to lose, its The hedge funds. Advice , shorting is more easy then going long. GL
      2022-11-17
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    • EmilyMark
      9.57 on the weekly. 8.84 on the daily. Smart to wait it out😁I can't imagine buying here, patience will pay off in the long term.
      2022-11-17
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  • Vincentan59
    ·2022-11-17
    😻😻👨🏽‍🦲
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  • hh488
    ·2022-11-17
    Ok.
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