NYSE:NIOAuto
Is NIO A Bargain After Recent Slide And DCF Value Suggesting Higher Price?
Wondering if NIO at around $5 is a beaten down bargain or a value trap? You are not alone, and this breakdown will help you see where the upside and risks really sit.
Despite being up 10.5% year to date and 11.5% over the last year, the stock has slid 22.0% in the last 30 days and is almost flat over the past week, a pattern that hints at shifting sentiment and uncertainty around the story.
Recent headlines have focused on NIO's ongoing push to expand its EV lineup and partnerships around...