NIO Just Got Its Second Upgrade of the Month, and It's Big

NIO Inc NYSE: NIO is a Chinese electric vehicle (EV) manufacturer best known for its premium SUVs and sedans, and innovative battery-swap network. For many investors, though, the company remains a symbol of the stock market excesses and exuberance of 2020 and 2021.  NIO TodayNIONIO$6.34 -0.01 (-0.08%) 52-Week Range$3.02▼$7.71Price Target$5.21Add to WatchlistDespite operating at deep losses and generating only a fraction of its current revenue at the time, NIO’s stock soared more than 2,500% in under two ye ...