BofA Doubles Nio Stake in Q1 to Record 14.2 Million Shares | EV

Investor summaryBullish

Bank of America doubled its NIO stake to a record 14.2 million shares in Q1.

Bull points

Bank of America significantly increased its institutional ownership in NIO.
Record high stake indicates strong institutional confidence in the company's future.

NIO电动车

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Discussion · top comments10 selected

u/IntrovertedNarcissis 7· 25d ago

BofA bagholder

u/Unfair-Frame9096 5· 24d ago

I need NIO to get to 300 to make a difference in my life.

u/likesexonlycheaper 1· 24d ago

I'd be surprised if it ever makes it back to $15

u/CaptainWmSneed 0· 24d ago

Is the 300 cents.

u/Brasi91Luca 3· 25d ago

I want nio to succeed so bad. This is good news but why has it been losing share price what seems to be everyday this week?

u/Ultrabananna 7· 25d ago

Because it was at $50-60 a share at one point and people have paper hands. I'm currently in China visiting family and I see nio stations, a decent amount of fireflies. Most family and friends regard Nio and a really good car and associate it with quality. Going into show rooms the quality control seems to be there unlike some other big brands "orange peel paint work out the factory". I'm in for long hail every dip I'm buying more leggo

u/Bryzera 4· 25d ago

Generel sentiment down for china stocks because of weak economic numbers and xi-trump nothingburger

u/Swimming-Tourist1927 1· 12d ago

There’s only one sustainable way for a stock price to go up: the company has to earn money. Until NIO generates enough profits to buy back shares, don’t expect a significant increase in shareholder value.

u/jeffrx 1· 25d ago

I think we’ll be up big after Thursday. 🤘🏼

u/Sparta_Rotterdam1888 0· 24d ago

They are probably selling thats why we dropped 22% in 1 month

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