Nio stock drops as CFO resigns

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Go back to Nio stock drops as CFO resigns

Morgan Stanley Comments on NIO (NIO) CFO Resignation

July 5, 2024 7:01 AM EDT

Morgan Stanley analyst Tim Hsiao reiterated an Overweight rating and $10.00 price target on NIO (NYSE: NIO).

The analyst comments "According to NIO's announcement, its Chief Financial Officer Mr. Steven Wei Feng has resigned for personal/family reasons, effective July 5, 2024. NIO's Senior Vice... More