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Benzinga
Benzinga
Business
Shanthi Rexaline

Norwegian Central Bank Scoops Up Beaten-Down Nio Stock In Q4: Should You Buy The Dip Too?

Nio, Inc. (NYSE:NIO) stock has been on a downward spiral since it hit an all-time high of $66.99 in early January 2021.

Taking advantage of the retreat, Norges bank accumulated shares of the Chinese EV startup in the fourth quarter of 2021.

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