NIO Inc. ADR Rises Wednesday, Outperforms Market
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The NIO Inc. ADR (NIO) jumped 10.38% to $10.63 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.69% to 10,458.76 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. The ADR's rise snapped a two-day losing streak. NIO Inc. ADR closed $21.31 short of its 52-week high ($31.94), which the company reached on January 5th.
Trading volume (63.3 M) eclipsed its 50-day average volume of 62.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.
(END) Dow Jones Newswires
January 04, 2023 17:13 ET (22:13 GMT)
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