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NIO (NYSE:NIO) Shares Gap Down – Here’s Why
['Joseph Griffin']
Ticker Report
NIO Inc. (NYSE:NIO – Get Free Report)’s stock price gapped down prior to trading on Tuesday .
NIO shares last traded at $4.5650, with a volume of 11,257,912 shares trading hands.
Weiss Ratings reissued a “sell (e+)” rating on shares of NIO in a research note on Wednesday, July 29th.
Bank of America Corp DE now owns 14,228,916 shares of the company’s stock worth $85,800,000 after buying an additional 7,079,903 shares during the period.
Voloridge Investment Management LLC now owns 13,498,709 shares of the company’s stock valued at $68,843,000 after acquiring an additional 1,694,023 shares during the period.