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Why Nio Stock Popped Today

TheMotleyFool

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Shares of Chinese electric car leader Nio (NYSE: NIO) jumped in early trading Monday after the company announced, Sunday night, that it will conduct a secondary listing of its Class A ordinary shares on the Main Board of the Stock Exchange of Hong Kong.

Nio stock is up a solid 7% as of 10:40 a.m. ET.

Image source: Getty Images.

Source Fool.com

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