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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’
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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.'