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Nio stock is down significantly in 2024, which has investors curious about the innovative EV company.
Fool.com contributor Parkev Tatevosian evaluates Nio (NIO 8.72%) stock and answers whether the decrease in price is a buying opportunity for long-term investors.
*Stock prices used were the afternoon prices of March 1, 2024. The video was published on March 3, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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