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Nio’s stock bounces after August EV deliveries jump 81%

Shares of Nio Inc. rose Friday, starting September on a bright note, after the China-based electric-vehicle maker reported another big jump in deliveries.

The stock NIO powered up 7.5% in midday trading, putting it on track to snap a three-day losing streak. After a rather rough August, the stock closed Thursday at an eight-week low of $10.27.

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