Under $10 NIO Stock Surges With New Capital - Should You Buy?
NIONIO(NIO) ZACKS·2024-10-02 04:06

Persistent rise in selling and advertising expenses, and increasing operational costs weighed on electric vehicle (EV) manufacturer NIO Inc. (NIO) throughout the year. However, things are now looking brighter for the NIO stock amid increased investments, Chinese stimuli, and growing demand for its newest models. So, is this an apt moment for investors to buy the NIO stock below $10? Let's explore – NIO Stock Bounces Back For most of the year, the NIO stock has given its investors fewer reasons to rejoice as ...