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Nomura upgrades this electric vehicle manufacturer to buy, citing improving profitability
Nomura sees shares of Nio rising 16% from here.
14 words~1 min read
Nomura sees shares of Nio rising 16% from here.
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HSBC sees shares of Nio adding 23% from here.

Shares of Nio rallied after the carmaker unveiled its latest ES8 SUV on Aug. 21, a much more affordable option than its premium…

The rally comes in large part after the company unveiled its latest ES8 SUV on Aug. 21.

NIO Inc - ADR (NYSE: NIO) shares are trading flat Thursday afternoon as investors digest strong fiscal first-quarter results.

Nio shares are trading lower on Monday as traders weigh mixed April delivery momentum against fresh China regulatory scrutiny…

NIO Inc - ADR (NYSE:NIO) shares are trading higher Wednesday as risk appetite improves in pockets of the tape and traders revisit…