Chinese electric car start-up Nio will reduce its monthly vehicle production capacity by 25% in the second quarter due to a shortage in semiconductors and batteries, according to a report.…
Nio's stock traded 5.55% lower at $42.71 in premarket on Friday after it announced on Thursday evening an offering of 60 million ADSs of Class A ordinary shares, according to…
NIO’s stock was trading at only $7 two years ago when Citron recommended a “buy”, targeting $25, according to Citron Research. Now, Citron believes NIO’s stock is vulnerable after a…