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Benzinga
Benzinga
Business
Wayne Duggan

Nio Analyst Dismisses Short Seller Allegations: Why They're Bullish On Chinese EV Stock

NIO Grizzly Grizzly Research Nio Inc NYSE electric vehicle

Shares of Chinese electric vehicle maker Nio Inc - ADR (NYSE:NIO) were falling Wednesday following a new report by short seller Grizzly Research.

On Wednesday morning, CFRA analyst Lim Jian Xiong said the allegations in the short seller report have no impact on his outlook for Nio shares.

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