Why Should You Put NIO Inc ADR (NYSE: NIO) On Your Portfolio?

Norges Bank Investment Management recently announced the acquisition of new stake in NIO Inc ADR (NYSE:NIO). The institutional investor has increased its shareholding in the Consumer Cyclical company by 5.19% to 15.93 million shares with purchase of 0.79 million shares. This fresh investment now brings its stake to 1.01% valued currently at $144.51 million. In […]

Growing Through Challenges? – NIO Inc ADR (NIO)

With over 48.44 million NIO Inc ADR (NIO) shares trading Friday and a closing price of $7.17 on the day, the dollar volume was approximately $347.34 million. The shares have shown a negative half year performance of -31.97% and its price on 01/12/24 lost nearly -3.11%. Currently, there are 1.57B common shares owned by the […]

NIO Inc ADR (NYSE: NIO): Hunting Genuine Value In Market Debris

Norges Bank Investment Management recently announced the acquisition of new stake in NIO Inc ADR (NYSE:NIO). The institutional investor has increased its shareholding in the Consumer Cyclical company by 5.19% to 15.93 million shares with purchase of 0.79 million shares. This fresh investment now brings its stake to 1.01% valued currently at $115.83 million. In […]