Chinese electric carmaker Nio raised roughly $1 billion in its initial public offering Wednesday on the New York Stock Exchange. In August, Nio [NYSE: NIO] announced that it hoped to raise $1.3 billion in its initial public offering. Wednesday's launch around $6 per share fell short of that, but trading jumped Thursday and Friday well above its... Electric carmaker Nio begins trading on NYSE, aims to sell cars in US
Chinese electric carmaker Nio raised roughly $1 billion in its initial public offering Wednesday on the New York Stock Exchange. In August, Nio [NYSE: NIO] announced that it hoped to raise $1.3 billion in its initial public offering. Wednesday's launch around $6 per share fell short of that, but trading jumped Thursday and Friday well above its...