NIO Inc. ADR Falls Tuesday, Underperforms Market
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The NIO Inc. ADR (NIO) slipped 1.23% to $9.63 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.76% to 10,386.98 and Dow Jones Industrial Average falling 0.03% to 33,136.37. This was the ADR's second consecutive day of losses. NIO Inc. ADR closed $23.76 below its 52-week high ($33.39), which the company reached on January 4th.
Trading volume (53.9 M) remained 8.4 million below its 50-day average volume of 62.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 17:12 ET (22:12 GMT)
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