NIO Inc. ADR Falls Thursday, Underperforms Market
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The NIO Inc. ADR (NIO) slid 2.18% to $10.77 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.96% to 10,852.27 and Dow Jones Industrial Average falling 0.76% to 33,044.56. This was the ADR's fourth consecutive day of losses. NIO Inc. ADR closed $20.11 short of its 52-week high ($30.88), which the company reached on January 20th.
Trading volume (33.5 M) remained 23.1 million below its 50-day average volume of 56.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 17:12 ET (22:12 GMT)
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