Why Nio Stock Is Higher Today The Motley Fool
Nio inc adr (nyse: nio) shares have lagged the s&p 500 in 2021, generating a year to date total return loss of 27.1%. nio’s stock has run out of steam in 2021, but value investors may be. Why nio stock jumped higher on friday oct. 15, 2021 at 12:30 p.m. et on motley fool. no headlines available. nio inc. adr. nio, inc. (china) is a holding company which engages in the design. Nio inc. nyse updated oct 22, 2021 11:59 pm nio 38.88 1.09 (2.73%). post market 0.01 (0.03%). 15 analysts have issued 12 month target prices for nio's stock. their forecasts range from $46.40 to $80.30. on average, they expect nio's stock price to reach $64.21 in the next year. this suggests a possible upside of 70.3% from the stock's current price. With a valuation of more than $60 billion, however, much success is already factored into the stock price. but that is also partly why investors keep talking about nio. this article represents the.
Why Nio Stock Is Up Today The Motley Fool
Why nio stock is surging today. what happened electric vehicle stock nio (nyse: nio) jumped thursday morning, rallying 7.5% by 11:45 a.m. edt after a huge analyst upgrade. so what goldman sachs upgraded its rating on nio stock to buy with a price target of $56 a share, representing a whopping 66% upside from the stock's wednesday closing price. Nio stock draws american investors. nio has gained a following among american investors, earning the nickname “tesla of china.” despite the cold war suspicions around china’s government. Nio stock peaked in early 2021 with its american depositary shares priced at more than $60, representing a market cap approaching $100 billion. that constituted gains of about 1,500% from january.
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