|

NIO Stock Forecast: Nio Inc rebounds higher ahead of third exchange listing in Singapore

  • NYSE:NIO gained 5.24% during Thursday’s trading session.
  • Nio is set to begin trading in Singapore on Friday May, 20.
  • Nio’s rival XPeng opens an Experience Store in Oslo, Norway.

NYSE:NIO’s tumultuous week continued as the broader markets took investors on another roller coaster ride during Thursday’s session. Shares of NIO popped higher by 5.24% and closed the trading day at $16.66. Stocks looked to be jumping higher out of the opening bell on Thursday, but all three major indices closed in the red for the second straight day. The Dow Jones dropped by 236 basis points, the S&P 500 dipped lower towards Bear market territory after falling by 0.58%, and the NASDAQ edged lower by 0.26%.


Stay up to speed with hot stocks' news!


Nio is set to commence trading on the SGX Singapore Exchange on Friday. This marks the third exchange that Nio will be trading its shares on which also includes the New York Stock Exchange and Hong Kong. While the move doesn’t affect US traders right now, it is likely that Nio is being extra cautious and relisting in Singapore due to the ongoing crackdown from the SEC. Trading on a third market also allows the company to raise additional capital, which will certainly come in handy for Nio as it continues to scale up its global operations.

NIO stock price

NIO Stock

One of Nio’s key domestic rivals XPeng (NYSE:XPEV), officially opened an XPeng Experience Store in Oslo, Norway. The Scandinavian country has been the launchpad for EV companies into the European continent. Nio established its presence last year and officially sold its 500th vehicle in Norway in recent weeks. Other EV makers that have a presence there are Tesla (NASDAQ:TSLA) and the Warren Buffett backed Chinese EV maker, BYD.


Like this article? Help us with some feedback by answering this survey:

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to PremiumSign In

Author

More from Stocks Reporter
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD struggles below 1.1750 as 2025 draws to a close

EUR/USD struggles below 1.1750 in the European session on Wednesday, the final day of 2025. The pair is under pressure as the US Dollar edges higher despite Federal Open Market Committee (FOMC) Minutes of the December policy meeting, released on Tuesday, showing that most policymakers stressed the need for further interest rate cuts.

GBP/USD stays weak near 1.3450 amid renewed USD demand

GBP/USD remains under pressure near 1.3450 in European trading on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull. 

Gold recovers losses above $4,300 amid the year-end grind

Gold price reverses a dip below $4,300 in the European trading hours on Wednesday, recovering intraday losses. The precious metal draws support from the prospect of further US interest rate cuts in 2026. Gold has surged about 65% this year and is set to record its biggest annual gains since 1979.

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance. 

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).