Nio Inc. (NIO) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss how Chinese stocks have been hit hard, but NIO saw nice rally as Shanghi moves to lifting Covid measures. They talk about how NIO has started recruiting in the U.S. They also compare NIO to Tesla (TSLA), noting how TSLA is greatly outperforming NIO. They mention how NIO’s earnings will be released June 9th. They then demonstrate an example trade using NIO. Tune in to find out more.
01 Jun 2022