NIO shares are trading higher following a report suggesting the company held exploratory talks with Mercedes-Benz.
Portfolio Pulse from Benzinga Newsdesk
NIO shares are trading higher following a report suggesting the company held exploratory talks with Mercedes-Benz.

September 28, 2023 | 5:50 pm
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NIO's stock price is increasing due to reports of exploratory talks with Mercedes-Benz.
The news of NIO's exploratory talks with Mercedes-Benz has led to an increase in the company's stock price. This is because such talks could potentially lead to a partnership or collaboration, which would likely be beneficial for NIO.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100