![NIO gains more than 5% on Friday, closing above the 21-day moving average NIO gains more than 5% on Friday, closing above the 21-day moving average](https://shmi.ir/wp-content/uploads/2023/11/NIO-gains-more-than-5-on-Friday-closing-above-the-150x203.jpg)
[ad_1] Share: NIO gains more than 5% on falling Treasury yields, soft NFP, cost savings plan. Nio CEO William Li says Nio will cut about 10% of its employees. Non-core investments will also be trimmed as EV company focuses on financial performance. US Nonfarm Payrolls fell to 150K in October, a print that