Shares of Nio are lower today after announcing a secondary offering, but are up nearly 50 percent so far this month. Josh Brown, Ritholtz Wealth Management, runs through what’s pushing the electric vehicle stock higher.

Shares of Nio are lower today after announcing a secondary offering, but are up nearly 50 percent so far this month. Josh Brown, Ritholtz Wealth Management, runs through what’s pushing the electric vehicle stock higher.