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Why NIO Stock Skyrocketed 1,110% in 2020


Shares of NIO (NYSE: NIO) rose 1,110% in 2020, according to data from S&P Global Market Intelligence. The Chinese electric-vehicle (EV) company's stock soared thanks to signs of incredible momentum and long-term growth potential for the industry.

NIO Chart

NIO data by YCharts

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Source Fool.com

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