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Why Have Investors Been Selling Nio Stock Since April?

·3 min read
Why Have Investors Been Selling Nio Stock Since April?
In this article:
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Investors in Nio (NYSE: NIO) are having countless sleepless nights. The way Nio kicked off April, you wouldn't have expected the stock to fare so badly. Nio's March deliveries shot up 37.5% year over year and 63% sequentially, and the company began delivering its flagship sedan, ET7, in March.