3NIO.AS stock up 17.06% to €12.03 on EURONEXT: short-term momentum ahead
The 3NIO.AS stock soared 17.06% on the EURONEXT close to €12.03, making it one of today’s top gainers in Europe. Traders pushed volume to 1,010 shares against an average of 561, likely driven by renewed appetite for leveraged exposure to NIO Inc. The Leverage Shares 3x Long NIO ETC is an exchange-traded product that aims to deliver 3x the daily return of NIO, and that structure explains the sharp intraday move and elevated volatility.
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