NIO Stock Heats Up as Investor Enthusiasm Returns to China
$Nio$ may actually be on the verge of rising above the $5 mark.Chinese markets are enjoying some impressive growth, with many Chinese stocks surging.For NIO stock and its peers, this could be a chance to make up lost ground.Are things finally turning around for Nio?The Chinese electric vehicle producer has spent the past six months on a primarily downward trajectory. There’s no question that 2024 hasn’t been a good year for NIO stock so far. However, over the past month, NIO has started picking