Evaluating Nio Stock's Actual Performance
Shares of Chinese electric vehicle (EV) maker Nio (NYSE: NIO) surprised the market as they soared more than 120% between July and October. Even though the stock has given up some of those gains, it's still up significantly so far this year.
But how has that compared to the broader market, and how are long-term Nio investors doing? Here's how Nio's stock has actually performed for its shareholders.
Nio's shares have taken investors on a roller coaster ride over the past year. In April, they were down nearly 30% from their price on Dec. 1, 2024. But in July, they jumped back into positive territory, and they jumped again in August and in September. By early October, they were up 76% from their Dec. 1 price.
Source Fool.com
NIO Inc. Stock
€4.30
-1.450%
Our community is currently low on NIO Inc. with 0 Buy predictions and 3 Sell predictions.
A potential of -30.26%, resulting from comparing the current price of 4.3 € with the target price of 3 € for NIO Inc., shows the chance of incurring significant losses.
