NIO Inc. ADR Falls Friday, Underperforms Market
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The NIO Inc. ADR (NIO) slid 0.08% to $11.80 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.71% to 11,079.16 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. The ADR's fall snapped a four-day winning streak. NIO Inc. ADR closed $19.52 below its 52-week high ($31.32), which the company achieved on January 14th.
Trading volume (41.5 M) remained 16.4 million below its 50-day average volume of 57.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 17:13 ET (22:13 GMT)
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