NIO Inc. ADR Falls Friday, Underperforms Market
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The NIO Inc. ADR (NIO) shed 2.40% to $9.75 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.11% to 10,466.48 and Dow Jones Industrial Average falling 0.22% to 33,147.25. NIO Inc. ADR closed $24.05 below its 52-week high ($33.80), which the company achieved on January 3rd.
Trading volume (40.6 M) remained 22.9 million below its 50-day average volume of 63.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 17:12 ET (22:12 GMT)
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