NIO Inc. ADR Falls Tuesday, Underperforms Market
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The NIO Inc. ADR (NIO) shed 8.30% to $10.06 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 33,241.56 and the NASDAQ Composite Index falling 1.38% to 10,353.23. This was the ADR's third consecutive day of losses. NIO Inc. ADR closed $23.74 below its 52-week high ($33.80), which the company achieved on January 3rd.
Trading volume (53.8 M) remained 10.2 million below its 50-day average volume of 64.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2022.
(END) Dow Jones Newswires
December 27, 2022 17:12 ET (22:12 GMT)
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