May 8, 2021
Business News

Nio Stock Could Hit New Highs in 2021; Here’s Why


Wall Street has been looking at Nio Limited (NIO) of late, and investors seem to like what they see. Over the past 12 months, NIO stock is up a whooping 1017%, and remains close to its 52-week high. It probably hasn’t hurt that the Chinese EV manufacturer released solid December car deliveries, showing a huge step forward.

As expected, the fund-raising dip in December was another buying opportunity. The forecasted large growth rate in the Chinese EV market should lead to another big year for…



Click here to view the original article.

Related Posts

You might also like ...

Article feature image
China to restrict mobile app news notifications in internet clampdown
Article feature image
DraftKings stock fell after earnings report, but CEO says ‘nothing’ suggests a slowdown
Article feature image
Yale’s David Swensen Leaves Behind A Powerful Legacy In Investing – NPR