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Posted by
Two Blokes Apr 18 -
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Stock
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Nio (NIO 0.28%), a leading maker of electric vehicles (EVs) in China, currently trades more than 40% below its initial public offering (IPO) price of $6.26 per American depository receipt (ADR) from Sept. 12, 2018. It's also dropped 90% from its record closing high of $62.84 per ADR on Feb. 9, 2021.
