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Ride This Upsurge in Nio Stock to Profits Before It Really Catches Fire

Ride This Upsurge in Nio Stock to Profits Before It Really Catches Fire

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After languishing for months, shares of Chinese electric vehicle maker Nio are finally breaking out with a 10% move higher over the last week. After exploding to a 1,173% gain in 2020, rising from $3.83 to $48.74, Nio stock has struggled to find its footing since peaking at an all-time high in February.

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