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Benzinga
Benzinga
Business
Craig Jones

Why This Trader Says Nio Stock Could Move 25% In Either Direction

NIO Nio Inc NYSE Tony Zhang

NIO Inc - ADR (NYSE:NIO) is set to report its fourth-quarter results after markets close on Thursday. The stock was moving higher in premarket trading.

On CNBC's "Options Action," Tony Zhang said the stock traded more than 1.3 times its average daily volumes.

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