• The Tesla of China is soaring as it shakes off its first 'underperform' rating

    2 monthes ago - By Chron

    Nio, known as the Tesla of China, is up more than 35% on Thursday despite receiving its first "underperform" rating.
    The Chinese electric-car maker debuted on US public markets on Wednesday.
    Watch Nio trade in real time here.
    Nio, known as the Tesla of China, is soaring, up more than 35%, during its second day of trading as a public company on US markets despite receiving an "underperform" rating.
    On Thursday, Bloomberg reported Bernstein analyst Robin Zhu slapped an "underperform" rating on shares with a price target of $4.20 - some 36% below where shares settled on their first day of...
    Read more ...

     

  • The Tesla of China is soaring as it shakes off its first 'underperform' rating

    The Tesla of China is soaring as it shakes off its first 'underperform' rating

    2 monthes ago - By Business Insider

    Nio , known as the Tesla of China, is up more than 22% on Thursday despite receiving its first "underperform" rating.
    The Chinese electric-car maker debuted on US public markets on Wednesday.
    Watch Nio trade in real time here .
    Nio , known as the Tesla of China, is soaring, up more than 22%, during its second day of trading as a public company on US markets despite receiving an "underperform" rating.
    On Thursday, Bloomberg reported Bernstein analyst Robin Zhu slapped an "underperform" rating on shares with a price target of $4.20 - some 36% below where shares settled on their first day of...
    Read more ...