Should You Buy Nio Stock While It's Below Its IPO Price?

By Yahoo! Finance   |   1 year ago
Should You Buy Nio Stock While It's Below Its IPO Price?

Nio, a Chinese EV maker, went public at $6.26 per share, reaching $62.84 during a meme stock rally but now trades below its IPO price. Despite struggles, Nio's annual deliveries have grown, and analysts predict revenue growth and narrowing losses in the coming years.

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