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

    11 days 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

    11 days 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 ...