NIO's Shares Slide as Top Engineer Prepares to Leave
Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were falling on Thursday, after a Chinese media outlet reported that the leader of its electric-drivetrain engineering team is leaving the company.
As of 3:30 p.m. EDT, NIO's American depositary shares were down about 11.3% from Wednesday's closing price.
A NIO ES8, an upscale seven-passenger electric SUV. Image source: NIO.
Source Fool.com