Will This Beaten-Down Stock Bounce Back? 3 Things to Know

Will This Beaten-Down Stock Bounce Back? 3 Things to Know

The recent downturn in higher-growth tech stocks has brought share price levels down in several sectors, including electric vehicles (EVs). One popular name whose stock has moved down is Chinese EV maker Nio (NYSE: NIO). Nio's EP9 electric supercar may not be for the masses, but the company has plans for a mass-market brand.