Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Is Nio Stock Down Today?

TheMotleyFool

0 0

Shares of Chinese electric-vehicle maker Nio (NYSE: NIO) were trading down on Monday morning, amid a broad stock market sell-off driven by concerns about the highly contagious omicron variant of COVID-19.

As of 10:30 a.m. ET, Nio's American depositary shares were down about 3.4% from Friday's closing price.

Lots of stocks were down sharply on Monday morning, as traders and investors digested sobering new information about the omicron variant of COVID-19. The new variant is spreading swiftly in New York and other major cities around the world, increasing the likelihood of yet another wave of economic disruptions.

Source Fool.com

Like: 0

NIO

Share