Why NIO Stock Dropped Then Bounced Today

Howard Smith, The Motley Fool
·2-min read
Why NIO Stock Dropped Then Bounced Today

In a trading chart that could mirror much of the past year, shares of Chinese electric-vehicle (EV) maker NIO (NYSE: NIO) dropped about 5% early Friday then bounced to a gain of almost 3% before paring that gain as of 3 p.m. EDT.