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The NIO Inc. ADR (NIO) slid 1.47% to $41.42 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.44% to 15,845.23 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. The ADR's fall snapped a three-day winning streak. NIO Inc. ADR closed $25.57 below its 52-week high ($66.99), which the company achieved on January 11th.
The ADR underperformed when compared to some of its competitors Wednesday, as Tesla Inc. (TSLA) rose 0.63% to $1,116.00, Toyota Motor Corp. ADR (7203.TO) fell 0.14% to $184.81, and Ferrari N.V. (RACE) rose 0.51% to $268.33. Trading volume (33.4 M) remained 4.3 million below its 50-day average volume of 37.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 24, 2021.
(END) Dow Jones Newswires
November 24, 2021 17:11 ET (22:11 GMT)
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