DJ NIO Inc. ADR Falls Monday, Underperforms Market
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The NIO Inc. ADR $(NIO)$ shed 1.79% to $4.40 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.97% to 19,403.95 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
The ADR's fall snapped a two-day winning streak.
NIO Inc. ADR closed $5.17 below its 52-week high ($9.57), which the company reached on December 28th.
Trading volume (40.4 M) remained 31.7 million below its 50-day average volume of 72.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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December 02, 2024 17:28 ET (22:28 GMT)
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