Why Nio Stock Is Higher Today The Motley Fool
Nio inc adr (nyse: nio) shares have lagged the s&p 500 in 2021, generating a year to date total return loss of 27.1%. nio’s stock has run out of steam in 2021, but value investors may be. Nio stock is jumping because goldman says it could gain 66% oct. 7, 2021 at 8:28 a.m. et by barron's. nio inc. adr falls wednesday, underperforms market oct. 6, 2021 at 5:11. Nio inc. nyse updated oct 20, 2021 8:13 pm nio 39.78 0.25 (0.63%). post market 0.17 (0.43%). 15 equities research analysts have issued 1 year price objectives for nio's shares. their forecasts range from $46.40 to $80.30. on average, they anticipate nio's stock price to reach $64.43 in the next twelve months. this suggests a possible upside of 75.2% from the stock's current price. Why nio stock is surging today. what happened electric vehicle stock nio (nyse: nio) jumped thursday morning, rallying 7.5% by 11:45 a.m. edt after a huge analyst upgrade. so what goldman sachs upgraded its rating on nio stock to buy with a price target of $56 a share, representing a whopping 66% upside from the stock's wednesday closing price.
Why Nio Stock Is Up Today The Motley Fool
Meanwhile, nio stock has gone from $21 in october 2020 to $62 in february 2021 before slipping to $50 in july 2021. it is currently trading close to $35. the company has consistently reported. Nio stock peaked in early 2021 with its american depositary shares priced at more than $60, representing a market cap approaching $100 billion. that constituted gains of about 1,500% from january. Nio stock won’t rebound soon, and its future is far from settled. news of one of its vehicles being involved in a fatal autopilot crash may be making the rounds, but expect it to be at most only.
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