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Nio shares fall 4% after three-day rally

U.S.-listed Nio (NIO) shares fell 4% on Thursday after a three-day rally as a report said Xiaomi held talks over its last remaining German sales and service hub.

NIO1810

-listed shares of Nio, Inc. (NIO) snapped a three-day rally on Thursday after a report said Xiaomi had held talks over its last remaining German sales and service hub, bringing the EV maker’s struggling business in the country back into focus. -listed shares fell 4% on Thursday, mar…