Here is What to Know Beyond Why NIO Inc. (NIO) is a Trending Stock
NIO(NIO) Zacks Investment Research·2024-01-23 15:01
NIO Inc. (NIO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -29%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Automotive - Foreign industry, which NIO Inc. falls in, has gained 3.1%. The key question now is: What could be the stock's future direction?Although medi ...