NIO Inc. ADR Falls Wednesday, Underperforms Market
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The NIO Inc. ADR (NIO) slipped 0.43% to $11.63 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the NASDAQ Composite Index falling 0.18% to 11,313.36. This was the ADR's second consecutive day of losses. NIO Inc. ADR closed $14.78 short of its 52-week high ($26.41), which the company reached on February 10th.
Trading volume (25.6 M) remained 27.4 million below its 50-day average volume of 53.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.
(END) Dow Jones Newswires
January 25, 2023 17:12 ET (22:12 GMT)
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