What happenedThe stock of Chinese electric vehicle maker Nio (NYSE:NIO) has been on a slide this week, along with many other growth names. ET, Nio shares were splitting the difference, up just 0.36%. So whatThe initial reversal of the recent downtrend in Nio stock came after Forbes magazine published an article predicting the stock will outperform in 2022. Now whatForbes pointed to several factors it believes will result in a strong year for Nio stock. And shipments of the midsize ET5 sedan are expected to begin in September.

Source: Forbes January 07, 2022 19:53 UTC