NIO (NYSE:NIO) stock down but not out

Rwanda releases UPDF soldier of Special Forces Command two months after his arrest

Rwandan government on January 22 released an Uganda People's Defence Forces (UPDF) soldier attached to the elite Special Forces Command (SFC) two months following...

Tigray: Ethiopian army trying to eliminate security forces, says military officials

A year behind the outbreak of the war in Tigray, Ethiopia, the United Nations Security Council has not acted till now. The country's condition...

Failure in talks between Kenya-Dubai leads to continuation in flight ban

The ban on flights between Kenya and the UAE (United Arab Emirates) will continue after the two fail to reach a peace of agreement...

Public harassment blows wave of solidarity among women in Egypt

Persecution, prosecution, and public shaming have blown a new wave of solidarity among women in Egypt. Each morning, one of the women, 'Mona Eltahawy,' post...

NIO stock has been trading down for over a week in the aftermath of a crash that killed a prominent Chinese entrepreneur. However, the stock has shown signs of recovery and is up on a day when Chinese stocks are garnering all the attention from Wall Street.

NIO Inc. (NIO) is NIO Inc. (China) is a holding company which engages in the design manufacture and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging power express valet services and other power solutions including access to public charging access to power mobile charging trucks and battery swapping. It also offers other value-added services such as service package battery payment arrangement and vehicle financing and license plate registration.

The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading China. In the last trading session, NIO Inc. (NIO) opened at $39.24 and traded between the range of 38.63 – 39.61 . The stock currently has a 52 week range of 15.06 – 66.99 . More than 57,760,128 shares exchanged hands compared to an average volume of 56.89M and a market cap of over $59.89B.

Let’s take a look sneak peek into the company’s major share holders. 0.53% of Shares Held by All Insider, 36.48% of Shares Held by Institutions, 36.68% of Float Held by Institutions, 914 Number of Institutions Holding Shares.. Major share holders include Baillie Gifford and Company – 90,914,259, Blackrock Inc. – 58,437,080, Vanguard Group, Inc. (The) – 46,324,185, State Street Corporation – 25,868,642, Goldman Sachs Group, Inc. – 21,444,596..

Rwanda releases UPDF soldier of Special Forces Command two months after his arrest

Rwandan government on January 22 released an Uganda People's Defence Forces (UPDF) soldier attached to the elite Special Forces Command (SFC) two months following...

Tigray: Ethiopian army trying to eliminate security forces, says military officials

A year behind the outbreak of the war in Tigray, Ethiopia, the United Nations Security Council has not acted till now. The country's condition...

Failure in talks between Kenya-Dubai leads to continuation in flight ban

The ban on flights between Kenya and the UAE (United Arab Emirates) will continue after the two fail to reach a peace of agreement...

Public harassment blows wave of solidarity among women in Egypt

Persecution, prosecution, and public shaming have blown a new wave of solidarity among women in Egypt. Each morning, one of the women, 'Mona Eltahawy,' post...

Nigerian extremists kills two and abducts 20 children, says residents

Nigeria: Extremist puts two people on the bounds of death and kidnapped 20 children in Nigeria's Borno state. The Islamist military igniting up more...

UN relief chief promises to support in uplifting Nigeria

The UN, humanitarian affairs chief, travelled to the Nigeria to see the humanitarian situation, see the northeast's reaction to raise international awareness about the...

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