Goldman Sachs Bets on These 3 Stocks; Sees at Least 30% Upside Potential

Benzinga

Why Nio Shares Are Rising

Nio Inc (NYSE: NIO) shares are trading higher, reversing following earlier weakness. The stock initially dipped after the company reported a 27.5% year-over-year dip in October vehicle deliveries. Shares of several companies in the clean energy space are also trading higher as investors weigh US President Biden’s speech at the COP26 climate summit, in which he addressed climate change goals. Strength could also be attributed to US infrastructure optimism, Tesla, Inc. (NASDAQ: TSLA) hitting a new