Why Nio's Stock Is Trading Higher Today

Shares of several Chinese companies including NIO Inc. NIO are trading higher, rebounding from weakness caused by regulatory concerns regarding education and technology companies, and also concerns over the U.S.-China relationship.

Over the past 4 trading sessions, the stock has dropped approximately 18%.

Nio Inc. operates in China's premium electric vehicle market. The company designs and jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence.

Nio's stock was trading about 4.7% higher at $41.21 per share on Wednesday. The stock has a 52-week high of $66.99 and a 52-week low of $11.73.

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