Shares of Nio Inc.
are down 6% in volatile Friday morning trading. The stock was up as much as 19% and down as much as 21%. Trading was halted for volatility twice since the open. Shares of Nio, the so-called Tesla
of China, began trading Wednesday on the NYSE after the company priced its initial public offering at $6.26. The stock jumped 76% in Thursday’s session despite some concerns from analysts.
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