Stock Market Today, Sept. 29: Nio Slides on Geely's 30% Stake Purchase in Battery Swap Business
Nio (NYSE:NIO), a premium smart electric vehicle (EV) maker, closed at $3.40, down 5.29%. Tuesday's slide followed reports tying pressure to Geely's (OTC:GELYF) purchased stake in Nio Power, and investors are watching November's Q3 results for margin progress.Trading volume reach