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The NIO Inc. ADR (NIO) slumped 0.36% to $35.51 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.14% to 14,465.92 and Dow Jones Industrial Average falling 0.34% to 34,378.34. This was the ADR's third consecutive day of losses. NIO Inc. ADR closed $31.48 short of its 52-week high ($66.99), which the company reached on January 11th.
The ADR underperformed when compared to some of its competitors Tuesday, as Tesla Inc. (TSLA) rose 1.74% to $805.72, Toyota Motor Corp. ADR (7203.TO) rose 1.13% to $177.13, and Ferrari N.V. (RACE) rose 0.21% to $215.62. Trading volume (26.5 M) remained 10.4 million below its 50-day average volume of 36.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 12, 2021.
(END) Dow Jones Newswires
October 12, 2021 17:11 ET (21:11 GMT)
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