U.S. Markets open in 7 hrs 37 mins

Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’

·2 min read
Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of NIO Inc. were knocked down by a short-seller report, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit and contains 'numerous errors.'