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Motley Fool
Why Nio Stock Is on Fire Today
Nio (NYSE: NIO) stock popped again today, and was trading up 5.5% as of noon ET Wednesday. Suffice to say, Nio managed to impressed investors — it didn’t just launch a new EV, but also announced upgrades to existing ones along with a price hike. Meanwhile, at least two analysts reiterated their bullish views on Nio today as they see much stronger days ahead for the EV maker.
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