Tag: Nio shares

Industry Focus Areas, Motorized Vehicle

Nio boosts size of share sale by 20% amid EV stock frenzy

August 31, 2020

Via: Automotive News

Nio Inc. boosted the size of its capital raising by almost 20 percent as investors rush stock sales by EV makers. The U.S.-listed, Shanghai-based firm sold 88.5 million American depositary receipts at $17 apiece, according to an emailed statement Monday. […]

Industry Focus Areas, Motorized Vehicle

Shares of electric vehicle makers Nio and Nikola could be a better bet than Tesla, traders say

August 4, 2020


Two electric vehicle stocks are catching up to Tesla. Nio and Nikola shares have been speeding higher. Both have kept up to Tesla‚Äôs more than 200% rally in 2020. Nikola surged another 22% on Monday after catching a buy rating […]