Why Nio Stock Plunged 54% in the First Half of 2024, but Could Recover
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While most electric vehicle (EV) stocks had a rough start to 2024, Nio (NYSE: NIO) is among the worst-performing EV stocks of the year so far. Shares of the Chinese EV maker plunged 54.1% in the first half of 2024, according to data provided by S&P Global Market Intelligence.
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