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The NIO Inc. ADR (NIO) inched 0.11% higher to $36.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.73% to 14,823.43 and the Dow Jones Industrial Average rising 1.56% to 34,912.56. This was the ADR's second consecutive day of gains. NIO Inc. ADR closed $30.71 below its 52-week high ($66.99), which the company reached on January 11th.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Tesla Inc. (TSLA) rose 0.89% to $818.32, Toyota Motor Corp. ADR (7203.TO) fell 0.15% to $175.51, and Ferrari N.V. (RACE) rose 4.34% to $223.34. Trading volume (29.8 M) remained 6.7 million below its 50-day average volume of 36.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 14, 2021.
(END) Dow Jones Newswires
October 14, 2021 17:11 ET (21:11 GMT)
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