NIO Inc. (NIO) Stock Sinks As Market Gains: Here's Why

NIO Inc. (NIO) closed the most recent trading day at $5.82, moving -0.68% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.06%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq increased by 0.24%.The the stock of company has fallen by 20.92% in the past month, lagging the Auto-Tires-Trucks sector's loss of 5.93% and the S&P 500's gain of 6.45%.Analysts and investors alike will be keeping a close eye on the performance ...