Nio$NIO-1.5% denied a report that it was trying to raise more money from investors, but the stock is falling anyway. Overbought?

NIO

NIO

NIO
$4.82 -$0.08 -1.53%
Capital Structure
Market Cap
9.3B
Enterpr. Val.
76.8B
Valuation
P/E
-3.0
P/S
1.2

I'm tacking on $8.4 :)

It's been pretty volatile the last few days for $NIO-1.5%, but the price is still holding around $8 on the chart. I don't know where it's going...

I was shopping on Friday... :)

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