NIO Inc. ADR Falls Friday, Underperforms Market
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The NIO Inc. ADR (NIO) slipped 4.51% to $10.37 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.56% to 10,569.29 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. The ADR's fall snapped a two-day winning streak. NIO Inc. ADR closed $21.49 short of its 52-week high ($31.86), which the company achieved on January 12th.
Trading volume (70.7 M) eclipsed its 50-day average volume of 60.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 17:13 ET (22:13 GMT)
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