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The NIO Inc. ADR (NIO) advanced 1.18% to $40.46 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.88% to 15,782.83 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. The ADR's rise snapped a two-day losing streak. NIO Inc. ADR closed $26.53 below its 52-week high ($66.99), which the company achieved on January 11th.
The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Tesla Inc. (TSLA) rose 5.09% to $1,136.99, Toyota Motor Corp. ADR (7203.TO) fell 1.31% to $177.47, and Ferrari N.V. (RACE) rose 1.16% to $265.77. Trading volume (34.4 M) remained 2.8 million below its 50-day average volume of 37.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2021.
(END) Dow Jones Newswires
November 29, 2021 17:11 ET (22:11 GMT)
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