|Bid||39.77 x 1000|
|Ask||39.86 x 1300|
|Day's range||39.10 - 40.34|
|52-week range||30.71 - 66.99|
|Beta (5Y monthly)||2.45|
|PE ratio (TTM)||N/A|
|Earnings date||09 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||58.21|
Rivian Automotive just went public, surprising many investors after a multi-billion dollar premier, and it looks like Wall Street couldn’t be happier
Nio is a Chinese stock, and that's just one of the reasons investors in the EV maker are worried.
There have been several factors creating a bit of tug-of-war with the stock of Chinese electrical vehicle (EV) maker Nio (NYSE: NIO) in the past several weeks. Since late October, the company's American depositary shares (ADSs) have swung from the high 30s into the low 40s and back several times.