Nio's stock dives as EV maker raises $1 billion at shareholders' expense

Core Viewpoint - Nio's stock is experiencing its worst day in nearly two years due to a large stock offering priced at a significant discount, raising concerns among investors about the company's financial health and market strategy [1] Group 1: Stock Performance - Nio's stock is projected to decline sharply, marking the worst performance in almost two years [1] - The stock offering was priced at a deep discount, which has negatively impacted investor sentiment [1] Group 2: Financial Implications - The large stock offering indicates potential liquidity issues or a need for capital, which may raise questions about the company's financial stability [1] - Investors are reacting to the perceived undervaluation of the stock due to the discount pricing of the offering [1]