Should You Invest In Nio Stock (NYSE: NIO) In 2024?
Nio (NYSE: NIO), a prominent player in the electric vehicle (EV) market, has experienced significant volatility since its 2018 IPO, with the Nio stock plummeting by 88% from its peak. However, recent financials showcase impressive growth, with Q3 revenue at $2.61 billion, reflecting a 46.6% YoY increase, and vehicle deliveries soaring by 75% to 55,432. …
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