NIO Inc. ADR Rises Monday, Outperforms Market
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The NIO Inc. ADR (NIO) rallied 8.94% to $12.06 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.01% to 11,364.41 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the ADR's second consecutive day of gains. NIO Inc. ADR closed $14.35 short of its 52-week high ($26.41), which the company reached on February 10th.
Trading volume (63.7 M) eclipsed its 50-day average volume of 53.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 17:13 ET (22:13 GMT)
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