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Posted by
Two Blokes Jul 25 -
Filed in
Stock
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Nio (NIO -1.93%), a major producer of electric vehicles (EVs) in China, has been a disappointing investment over the past few years. Its stock currently trades at about $5 compared to its initial public offering (IPO) price of $6.26 per American depositary share (ADS) in September 2018 and its record closing price of $62.84 in February 2021.
