Nio stock falls after short-seller Citron targets EV maker

Nio stock falls after short-seller Citron targets EV maker

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-nio-citron-research/nio-stock-falls-after-short-seller-citron-targets-ev-maker-idUSKBN27T2F9

Shares of electric vehicle maker Nio Inc reversed course to trade lower on Friday after short-seller Citron Research recommended investors to sell the stock, citing pricing pressure posed by bigger rival Tesla Inc in the Chinese market.

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