Chinese EV maker Nio's stock rose 6.7% on 6 Apr due to meme stock enthusiasm and strong delivery growth.
Chinese electric-vehicle (EV) maker Nio's stock rose 6.7% on Monday, fueled by meme stock enthusiasm and recent positive company news. Nio's deliveries increased more than 20% year over year in the first four months of 2024, and the company announced a new incentive program late last month. Shares of Nio have risen more than 50% from their mid-April low.
May 13, 2024
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