Nio Inc (NIO)

[Stockpile4u]

NIO stock is on its way to its longest winning streak in more than two years -
Nio stock rose 3.6% in morning trading, reaching its highest close since October 5, 2022, and has risen 48% in the last seven days. This is the company's longest winning streak since its initial public offering in September 2018. The current streak's 48% gain is the best seven-day performance for the stock since it soared 51.3% over the seven sessions ending November 6, 2020. Nio shares are up 94% in three months, while the iShares MSCI China exchange-traded fund MSCI is up 4% and the S&P 500 SPX is up 10%. The stock has risen 51.3% in the seven days leading up to November 6, 2020.