DJ NIO Inc. ADR Falls Friday, Underperforms Market
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The NIO Inc. ADR $(NIO)$ slipped 4.46% to $4.50 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.52% to 17,784.05 and the Dow Jones Industrial Average rising 0.08% to 41,985.35.
This was the ADR's third consecutive day of losses.
NIO Inc. ADR closed 41.63% below its 52-week high of $7.71, which the company reached on September 30th.
Trading volume (82.5 M) eclipsed its 50-day average volume of 55.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2025.
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March 21, 2025 17:30 ET (21:30 GMT)
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