NIO fell by 7.9% during Thursday’s trading session. Nio received a slight price target downgrade from Mizuho on Thursday. The company is also set to launch in Germany on Friday. UPDATE: Nio stock dropped as much as 5.5% to $13.96 in the early going on Friday. Most growth stocks were in the same boat as the… […]
Topline Tesla shares plummeted Tuesday after CEO Elon Musk reportedly told executives he needed to scale back hiring and cut jobs due to growing concerns over the economy, adding to worries about the electric-vehicle maker that have spurred staggering losses for its shares this year. Experts have warned recession fears are likely overblown, but Musk… […]
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