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Why Is Nio Stock Crashing?

TheMotleyFool

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Why Is Nio Stock Crashing?: https://g.foolcdn.com/editorial/images/772879/new-york-stock-exchange-building.jpg

Fool.com contributor Parkev Tatevosian conducts financial statement analysis for (NYSE: NIO) stock to determine the cause of the falling stock price.

*Stock prices used were the afternoon prices of April 12, 2024. The video was published on April 14, 2024.

Source Fool.com

NIO Inc. Stock

NIO Inc. shows a slight decrease today, losing -€0.029 (-0.730%) compared to yesterday.
The community is currently still undecided about NIO Inc. with 2 Buy predictions and 0 Sell predictions.
With a target price of 5 € there is a positive potential of 23.55% for NIO Inc. compared to the current price of 4.05 €.

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