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It’s funny how Wall Street can have a very short attention span sometimes. When it comes to China-based electric vehicle manufacturer Nio (NYSE:NIO), it’s fine to focus on the company’s most recent operational update. Yet, don’t be too hasty when trading NIO stock.
The company still doesn’t have positive earnings, and Nio’s “prudent” warning about vehicle delivery disruptions should remain top-of-mind for prospective investors.
It’s no secret that China’s on . . .