3 Reasons NIO Stock Is Rising

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Updated May 31, 2022 9:11 am ET / Original May 31, 2022 8:18 am ET

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NIO stock is rallying to start the week—and there’s not just one reason but three.

NIO (ticker: NIO) stock was up more than 4% in early trading Tuesday, while futures on the S&P 500 and Dow Jones Industrial Average had both fallen about 0.4%.

Reason#1: Digitimes reported Tuesday that NIO has been recruiting in the U.S. That could lead to…

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