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Opportunity Knocks As Nio Stock Is in a Slump

Chinese electric car makerNio saw its shares appreciate in value spectacularly in 2020. Nio ended the year at $48.38, for an eye-popping 1,080% gain. However, 2021 hasn’t been so rosy for Nio stock.After climbing to a $62.84 close on Feb. 9, NIO stock has slumped. Now trading below $38, NIO is down 30% from the start of the year, and off its February all-time high by 40%.The protracted slide has scared off nervous investors, while others see the dip as a golden opportunity to grab shares on the
Opportunity Knocks As Nio Stock Is in a Slump

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