Chinese electric vehicle maker NIO Inc (NYSE:NIO) has been in the middle of immense trouble for much of the year, and it is no surprise that NIO stock has suffered considerably throughout 2019.
Another SetbackThe company has had a string of setbacks over recent months, and this morning it made a fresh report that resulted in another plunge for the stock. It has been revealed that NIO has called off its plans to make a substantial investment in a manufacturing plant in China.
As soon as the news broke, the stock started sliding, ...
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