Short sellers are betting that NIO will decline in. Short selling NIO is an investing strategy that aims to generate trading profit from NIO as its price is falling.
Rivian Stock Looks Poised To Rebound Stock Advice Things To Come Stock News
This was because GameStop a US-based video game retailer spiked over 700 during a frenzied few days at the end of January.
. To short NIO stock an investor borrows shares sells them and buys the shares back on the public market later to return it to the lender. A Reddit IPO could be among the biggest stock market topics for 2022. One publicly traded conglomerate may stand to benefit from the IPO thanks to being involved in several funding rounds.
Deutsche Bank Aktiengesellschafts target price suggests a potential upside of 12735 from the companys. The consensus view on Rivian stock is bullish with a moderate buy rating. NIOs stock is trading down 074 today.
Why does Reddit have any impact on the stock market. At the start of 2021 Reddit cemented itself as a key trading indicator for many seasoned and institutional investors around the world. They presently have a 7000 price target on the stock.
Based on eleven reports issued so far RIVN has an average price target of 135 that points at a bit over 20 upside ahead.
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