NIO Inc. (NIO) shares gained 6.11% today (2023-08-03). Is it the right time to buy?

What’s happening at NIO Inc. (NYSE:NIO)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 6.11% (or 0.89 points) to $15.46 from its previous close of $14.57. So is it the right moment to buy?
Read more: NIO Inc. (NIO) shares gained 6.11% today (2023-08-03). Is it the right time to buy?