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NIO Stock Continues to Gain Momentum. Here's What Investors Should Know

TheMotleyFool

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NIO Stock Continues to Gain Momentum. Here's What Investors Should Know: https://g.foolcdn.com/editorial/images/736594/nio.png

In this video, I will talk about (NYSE: NIO), explaining the reason the stock is up over 25% this month despite a weak earnings report and why investors shouldn't celebrate too early.

*Stock prices used were from the trading day of June 15, 2023. The video was published on June 16, 2023.

Source Fool.com

NIO Inc. Stock

We can see a decrease in the price for NIO Inc.. Compared to yesterday it has lost -€0.044 (-1.180%).
Currently there is a rather positive sentiment for NIO Inc. with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 5 € shows a positive potential of 35.14% compared to the current price of 3.7 € for NIO Inc..

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