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Here's why Nio stock price is crashing today
NIONIO(NIO) Finbold·2025-03-21 14:44

Nio stock (NYSE: NIO) has been exhibiting plenty of volatility as of late.On March 11, government support for the company’s battery-swapping technology caused a surge of almost 10%, from 4.40to4.40 to 4.91. The tide of optimism continued. Nio stock closed at a price of 5.18onMarch19,twodaysbeforethereleaseofthecompany’sQ4earningscall.Despitethesehighhopes,thequarterlyreportturnedouttobeadisappointment.Theelectricvehicle(EV)companyposteda5.18 on March 19, two days before the release of the company’s Q4 earnings call.Despite these high hopes, the quarterly report turned out to be a disappointment. The electric vehicle (EV) company posted a 0.43 loss per share, above consensus es ...