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NIO Stock Falls as Blackrock Slashes Stake in EV Maker
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BizToc
shares closed meaningfully lower on Tuesday after BlackRock confirmed that it has trimmed its stake in the Chinese electric vehicle (EV) manufacturer.
According to the regulatory filing, the world’s largest asset manager unloaded a total of 1.2 million NIO shares, lowering its exposure…This story appeared on barchart.com , 2026-08-12 12:30:02.