Could NIO Stock Really Get Delisted?
Electric vehicles have captured the imagination of people around the world. Investors want their piece of the fast-growing EV industry, and China's NIO (NYSE: NIO) has been a popular pick among those interested in its electric SUVs.
NIO's stock has responded favorably to the company's fundamental growth in SUV deliveries recently, posting huge gains as investors flood into the space. However, a new threat has emerged that could potentially jeopardize shareholders' ability to buy and sell NIO stock on the New York Stock Exchange. Below, we'll take a look at recent legislation that could lead to NIO's stock getting delisted from the NYSE and create big hassles for those who want to participate in the Chinese company's future growth.
Image source: NIO.
Source Fool.com
