Nio Stock Sank Nearly 25% Last Month. Is It a Buy Now?

Electric vehicle (EV) sales in China remain robust. Over 1.1 million fully electric vehicles were sold there in October alone. Nio (NYSE: NIO) has been taking a bigger piece of that pie this year, too. Investors might wonder, then, why Nio stock tumbled 24.1% in November, according to data provided by S&P Global Market Intelligence. Here's a look at what investors might like, as well as some concerns, surrounding Nio shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool