NIO Inc. (NIO) option implied into China Covid lockdown protests

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Jefferies remains sidelined on Nio (NIO)

November 28, 2022 2:06 PM EST

Shares of Nio Inc. (NYSE: NIO) are up 0.84% in mid-day trading on Monday after Jefferies reiterated a Hold rating on the stock. The electric vehicle maker prides itself as a premium brand, targeting a smaller subset of customers in the RMB300-600k price... More