Why NIO Stock Dropped Thursday

Howard Smith, The Motley Fool
·2-min read
Why NIO Stock Dropped Thursday

What happened Many stocks in the electric-vehicle (EV) sector are sinking today, and Chinese EV maker NIO (NYSE: NIO) is no exception. With its fourth-quarter and full-year 2020 earnings looming, shares dropped as much as 10% Thursday and remain down 7.