Has NIO’s Value Shifted After May Delivery Surprise and Recent Share Price Slide?
If you have been scratching your head about what to do with NIO stock lately, you are not alone. NIO has always been a polarizing name; just glance at its recent rollercoaster in the market. After a solid start to the year with a 48.4% jump year-to-date and a 29.3% gain over the last 12 months, the last month hasn’t been as kind, down 9.4%. Three-year and five-year returns are deep in the red, and yet, many are still eyeing NIO as a potential growth story.
Some of the recent volatility can be traced back to a flurry of news surrounding both the electric vehicle sector and NIO specifically. Investors have been recalibrating their appetite for risk as the global EV market sends mixed signals. There is clear long-term potential, but not…
