TipRanks
Buy NIO Stock Ahead of This Event, Says Analyst
No two ways about it, Nio (NIO) stock has been in a rut and unable to shake off the bearish sentiment. Shares are down 25% over the past month alone, due to a combination of factors, including the fear of US delisting for Chinese stocks and a generally tough environment for growth names. However, the company might have an ace up its sleeve which could help turn sentiment around. On Saturday (Dec 18), the EV maker will host its fifth annual NIO Day. At least one new model will be unveiled, the ET