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Nio Stock Analysis: 2 Things Investors Should Know

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Nio Stock Analysis: 2 Things Investors Should Know: https://g.foolcdn.com/editorial/images/780191/car-dealership-showroom-1.jpg

Fool.com contributor Parkev Tatevosian highlights two factors for (NYSE: NIO) stock investors to consider.

*Stock prices used were the afternoon prices of June 8, 2024. The video was published on June 10, 2024.

Source Fool.com

NIO Inc. Stock

NIO Inc. dominated the market today, gaining €0.15 (4.050%).
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 33.55% compared to the current price of 3.74 € for NIO Inc..

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