Is Nio Stock Worth The Risk At $4? – Forbes
From Reuters: 2024-08-05 06:00:00
Investors are questioning whether Nio stock, currently priced at $4, is worth the risk. Despite significant growth for the Chinese electric vehicle company, concerns about competition and financial stability remain. Nio’s sales jumped 155% in September, but the company reported a $462.6 million loss in the second quarter.
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