Nio Stock: 3 Reasons to Buy, 3 Reasons to Sell

  • Nio (NIO -1.68%), a leading producer of electric vehicles (EVs) in China, was once a hot growth stock. Its American depositary receipts (ADRs) closed at a record high of $62.84 on Feb. 9, 2021, a 10-bagger gain from its initial public offering (IPO) price of $6.26 on Sept.