Shares of NIO Inc. (NYSE:NIO) rose sharply in today's pre-market.

Nio announced Sunday that strategic investors, including Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Industry Investment Co., Ltd. and CS Capital Co., Ltd., have agreed to invest an aggregate of 3.3 billion yuan ($470.64 million) in cash in its subsidiary Nio China. Nio has concurrently agreed to invest 10 billion yuan (about $1.43 billion) in cash to subscribe to the newly issued shares of Nio China.

nIO shares jumped 12.7% to $7.35 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

Losers

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