Goldman Sachs' previous price target for Nio had already been significantly below the current stock price.
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Category: NIO Stock
Nio extends losses to 12% in Hong Kong amid concerns over GIC lawsuit
As of press time, Nio had fallen 12.21 percent to HK$47.54 per share, poised for its biggest single-day drop since April 7.
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Nio completes share offering, raising $1.16 billion
Nio has completed its latest share offering, with underwriters fully exercising their over-allotment option, raising $1.16 billion.
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Nio has received about 100,000 cancellable orders for ES8, Deutsche Bank says
The upcoming launch of the third-generation ES8 and an improved balance sheet have driven Nio's stock price higher for four consecutive trading days.
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Nio shares resume trading in Singapore after brief halt due to $1 billion share offering
As of this writing, Nio shares are down 5.31 percent in Singapore and down 6.85 percent in Hong Kong.
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Nio shares hit nearly 1-year high in Hong Kong as optimism over 3rd-gen ES8 continues
Since the new- generation ES8 debuted on August 21, Nio shares have jumped about 33 percent over three trading days in Hong Kong.
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Onvo begins L90 test drives as optimism pushes Nio shares higher
Since the L90 began pre-sales on July 10, Nio shares have risen 43 percent in Hong Kong.
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Nio shares surge in Hong Kong after Onvo L90 pre-sales spark optimism
As of press time, Nio surged more than 10 percent in Hong Kong, extending its winning streak to the sixth trading day.
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Nio expected to be included in HK’s Hang Seng Index, says CICC
ETFs tracking the Hang Seng Index currently stand at about $27.53 billion, according to CICC.
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Nio surges 14% in HK early trading as Q2 earnings beat
Nio surged in early hours of Hong Kong trading today, as trading resumed in the city's stock market after being suspended due to a typhoon on Friday.
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