Nio stock continues to craft lower lows and has declined over 44% in one year, implying that investors holding the ADR (American Depositary Receipt) of this Chinese luxury EV maker for over a year or so are sitting on significant losses.  Investors maintain a negative outlook on Chinese stocks, including Nio, amid heightened regulatory concerns. TipRanks’ Stock Investors tool shows that 1% of the investors holding portfolios on TipRanks have decreased their stake in Nio (NYSE:NIO) stock in the last 30 days.  Besides regulatory concerns, industry-wide supply-chain headwinds and production line upgrades remained a drag on Nio stock.
https://www.tipranks.com/news/article/could-nio-make-a-comeback-in-2022?utm_source=advfn.com&utm_medium=referral
NIO (NYSE:NIO)
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