NIO Inc. ADR Rises Wednesday, Outperforms Market
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The NIO Inc. ADR (NIO) advanced 2.40% to $11.51 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.76% to 10,931.67 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the ADR's third consecutive day of gains. NIO Inc. ADR closed $20.35 short of its 52-week high ($31.86), which the company reached on January 12th.
Trading volume (42.4 M) remained 16.3 million below its 50-day average volume of 58.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.
(END) Dow Jones Newswires
January 11, 2023 17:13 ET (22:13 GMT)
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