Nio Stock Is Falling Sharply Friday: What's Driving The Action?

Benzinga
2025.10.10 18:05
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Shares of Nio Inc. fell sharply by 8.91% to $6.79 amid a broader market downturn driven by concerns over a renewed U.S.-China trade war. President Trump's social media post about potential tariff increases on Chinese products heightened fears, particularly affecting U.S.-listed Chinese companies like Nio, Alibaba, and PDD Holdings. Nio's strong momentum score contrasts with its low growth score, reflecting investor uncertainty in the face of geopolitical risks.