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home / articles / NIO - Nio Stock Is Sliding Monday: What's Going On? | Benzinga

NIO - Nio Stock Is Sliding Monday: What's Going On? | Benzinga

NIO Inc. American depositary shares each representing one Class A

NIO Inc (NASDAQ: NIO) shares were seeing heavy selling pressure Monday morning following reports the company was planning to raise $3 billion. The stock bounced back after Nio addressed the rumors. 

What To Know: Nio shares were down more than 6% in premarket trading following a Bloomberg report suggesting the company was considering raising around $3 billion from investors in the Middle East.

In a ...

Full story available on Benzinga.com
Stock Information
Company Name: NIO Inc. American depositary shares each representing one Class A
Stock Symbol: NIO
Market: NYSE
Website: nio.com
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