NIO (NIO) Stock Slides as Weak Q3 Guidance Triggers J.P. Morgan Downgrade

NIO (NIO) stock declines after weak Q3 guidance misses forecasts. J.P. Morgan downgrades to Neutral, cutting price target from $7 to $4.50 on margin concerns.

The post NIO (NIO) Stock Slides as Weak Q3 Guidance Triggers J.P. Morgan Downgrade appeared first on Blockonomi.