PGJ - What's Going On With NIO Stock Wednesday? | Benzinga
NIO Inc. (NYSE:NIO) shares are trading lower in the premarket session on Wednesday.
According to Benzinga Pro, NIO stock has lost over 30% in the past six months.
BofA Securities analyst Ming Hsun Lee maintained a Neutral rating on NIO and lowered the price target from $6.5 to $5.9.
Investors can gain exposure to the stock via KraneShares MSCI China Clean Technology Index ETF (KGRN) and Invesco Golden Dragon China ETF (NASDAQ:PGJ).
The company is currently in the headlines for adding a new NIO House in the Netherlands as it moves ahead with efforts to expand in Europe.
Following the Rotterdam opening on March 23, 2023, the NIO House in ...