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The NIO Inc. ADR (NIO) slid 1.92% to $42.29 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.20% to 15,971.59 and the Dow Jones Industrial Average rising 0.56% to 36,327.95. The ADR's fall snapped a four-day winning streak. NIO Inc. ADR closed $24.70 short of its 52-week high ($66.99), which the company reached on January 11th.
The ADR underperformed when compared to some of its competitors Friday, as Tesla Inc. (TSLA) fell 0.64% to $1,222.09, Toyota Motor Corp. ADR (7203.TO) fell 1.21% to $179.28, and Ferrari N.V. (RACE) rose 2.02% to $262.52. Trading volume (33.0 M) remained 3.3 million below its 50-day average volume of 36.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2021.
(END) Dow Jones Newswires
November 05, 2021 17:11 ET (21:11 GMT)
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