DJ NIO Inc. ADR Falls Thursday, Underperforms Market
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The NIO Inc. ADR $(NIO)$ shed 5.69% to $3.98 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.53% to 17,804.03 and Dow Jones Industrial Average falling 0.37% to 42,299.70.
This was the ADR's second consecutive day of losses.
NIO Inc. ADR closed 48.38% below its 52-week high of $7.71, which the company achieved on September 30th.
Trading volume (156.4 M) eclipsed its 50-day average volume of 56.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2025.
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March 27, 2025 17:30 ET (21:30 GMT)
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