NIO Stock Over 3% Down At Session Start Today

The rise and fall---and rise again---of chinese EV startup NIO. According to today's article on The Wall Street Journal, "A year ago, Chinese electric-vehicle startup NIO was near ruin." How NIO, a chinese EV startup, rose, fell and rose again. According to today's article on The Wall Street Journal, "A year ago, Chinese electric-vehicle startup NIO was near ruin." Even though NIO has been somewhat immune to the crisis, shares sliding 3.48% to $52.12 at 09:56 EST on Monday, following yesterday's upward trend. The New York Stock Exchange is jumping 0.05% to $14,198.50, following yesterday's upward trend, on what up until now seems, a somewhat positive trend exchanging session today. NIO's last close was $53.69, 9.75% below its 52-week high of $57.20. NIO's sales growth is 136.6% for the ongoing quarter and 262.1% for the next. The company's growth estimates for the ongoing quarter and the next is 74.4% and 47.8%, respectively. NIO's stock is valued at $52.12 at 09:56 EST, under its 52-week high of $57.20 and way higher than its 52-week low of $2.11. NIO's worth is way higher than its 50-day moving average of $36.04 and way above its 200-day moving average of $18.19. According to Bloomberg Quint on Thu Nov 26, "Let Salesforce Billionaire Benioff Land His Trendy Tech Whale." According to Bloomberg Quint on Thu Nov 26, "Amazon Unions From Brazil to Germany Plan Black Friday Protests." According to Bloomberg Quint on Fri Nov 27, "Ethiopian Leader Rebuffs African Union Bid to End Civil Conflict."