NIO IPO Results: $1 Billion Raised, Tesla’s Success Held Down NIO Value

By Mark Kane NIO raised approximately $1 billion through IPO, but the automaker had hoped for more.
According to the latest reports, NIO‘s IPO ended at the bottom of the target price range per share ($6.25 to $8.25) as the company sold some $1 billion worth of shares at $6.26.
The market valuation stands now …read more