Should You Buy Nio Stock While It's Below Its IPO Price?
17/11 12:42
Nio (NYSE: NIO), a Chinese maker of electric vehicles (EVs), went public at $6.26 per American depositary share just over six years ago. Its stock soared tenfold to a record high of $62.84 during the apex of the meme stock rally on Feb. 9, 2021, but it now trades at less than $5....