NIO Inc. ADR Rises Thursday, Still Underperforms Market
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The NIO Inc. ADR (NIO) rose 1.94% to $9.99 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.59% to 10,478.09 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. The ADR's rise snapped a four-day losing streak. NIO Inc. ADR closed $23.81 below its 52-week high ($33.80), which the company achieved on January 3rd.
Trading volume (49.1 M) remained 14.6 million below its 50-day average volume of 63.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 17:12 ET (22:12 GMT)
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