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home / news releases / RIVN - NIO faces weakening demand in China increased competition - analyst

RIVN - NIO faces weakening demand in China increased competition - analyst

Rivian Automotive Inc.

2024-02-23 10:13:11 ET

NIO Inc ( NYSE: NIO ) shares were down as much as 6% Friday as weaker demand for cars among Chinese consumers prompted a downgrade from J.P. Morgan to Underweight and 40% cut to its price target....

For further details see:

NIO faces weakening demand in China, increased competition - analyst
Stock Information
Company Name: Rivian Automotive Inc.
Stock Symbol: RIVN
Market: NASDAQ
Website: rivian.com
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