NIO Inc. ADR Falls Tuesday, Underperforms Market
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The NIO Inc. ADR (NIO) slipped 3.15% to $11.68 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the NASDAQ Composite Index falling 0.27% to 11,334.27. The ADR's fall snapped a two-day winning streak. NIO Inc. ADR closed $14.73 short of its 52-week high ($26.41), which the company achieved on February 10th.
Trading volume (35.8 M) remained 18.1 million below its 50-day average volume of 53.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 17:12 ET (22:12 GMT)
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