Why NIO Stock Is Down Today

why nio down today

[ Chicago, May 24, 2023 ] NIO Stock plummeted by almost 11-12% in the opening today following Disappointing Q1 Results of XPeng (XPEV) Stock. In a recent development, NIO stock experienced a significant drop of approximately 11 to 12% this morning. The decline can primarily be attributed to the announced Q1 2023 results of XPeng … Read more

Can NIO Stock Reach $1000?

can nio stock reach $1000

Nio has been one of the front runners among all the EV players that came into the limelight, especially during the pandemic run-up of major growth stocks. However, the recent downturn has hit NIO really hard and it’s down more than 70% in the past 1 year’s chart. So the big question is can it … Read more