Nio stock falls after trading halted for volatility

MarketPulse


Shares of Nio Inc.

NIO, -7.84%

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

TSLA, -0.16%

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.

Have breaking news sent to your inbox. Subscribe to MarketWatch’s free Bulletin emails. Sign up here.

Leave a Reply

Your email address will not be published. Required fields are marked *