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Benzinga
Benzinga
Business
Melanie Schaffer

Why Shorts May Go Up In Smoke As Nio Stock Charges Higher

NIO Nasdaq

Nio, Inc (NASDAQ:NIO) was soaring over 16% higher on Tuesday, reversing course from the 15% decline the stock took between Friday and Monday.

On Wednesday, the Shanghai-based electric vehicle manufacturer will hold a Product Launch Event at 8 a.m. Eastern Time.

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