NIO Stock Tumbles. Why This Lawsuit Is Rattling the Electric Car Maker’s Shareholders.

Core Points - NIO's stock experienced a significant decline following a lawsuit filed by Singapore's sovereign-wealth fund, which alleges that the company artificially inflated the price of its U.S. shares [2]. Group 1 - The lawsuit has raised concerns among shareholders regarding the integrity of NIO's stock price [2]. - The allegations suggest potential manipulation of share prices, which could have serious implications for investor confidence [2].