AI predicts NIO stock price for the end of 2024
NIO(NIO) Finbold·2024-07-24 19:32
Nio Inc. (NYSE: NIO), the Chinese electric vehicle (EV) manufacturer, has had a rough ride this year, with its stock plummeting nearly 50% year-to-date and trading almost 30% below its IPO price. Over the past 12 months, the stock has dropped nearly 60%, causing many investors to question its long-term prospects. Despite these challenges, Nio remains a significant player in the EV sector, known for its innovative battery-swapping technology and strategic expansion into Europe.Technological edge and market e ...