NIO (NYSE:NIO) Trading Up 2% - Here's Why
Market Beat·
- NIO Inc. stock traded up 2 % to $4.61 on Monday with a trading volume of 16,974,316 shares.
- The company holds a consensus rating of "Moderate Buy" with a consensus target price of $6.70 and a market capitalization of $11.45 billion.
- Several institutional investors and hedge funds, including Renaissance Technologies LLC and Bank of America Corp DE, recently increased their stakes in the company.
