$NIO Inc (NIO.US)$ when the new share are issued at 7.50$ ca...
$NIO Inc(NIO.US$ when the new share are issued at 7.50$ can anyone explain why is it going up
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102886845 : I don't know, can you explain
ARBZA : because of this.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
VIVEK SURANA : Don't worry it will come down again. It's just a short term jump it's already running out of the steam.
ibevrich VIVEK SURANA :![stuck_out_tongue_winking_eye 😜](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f61c.png)
b34r : It's probably the implied (continual) support from a rich Saudi state, which partially allays one of the greatest fears for EV startups - going broke.
b34r : It's probably the implied (continual) support from a rich Saudi state, which partially allays one of the greatest fears for EV startups - going broke. So it's not the 7.50 at play here, but who is providing that 7.50.