Nio (NIO 8.72%) was once a favorite among growth stock investors, but the company's recent earnings miss and a deceleration in Q2 deliveries have annihilated its stock to under $11 a share. In 2021, Nio traded at a jaw-dropping $61.95 per share. With the stock down over 80%, is this an opportunity for investors? Please watch the below video for my Nio stock analysis, earnings update, price predictions, and commentary.
*Stock prices used were the morning prices of Aug. 29, 2023. The video was published on Aug. 29, 2023.
