DJ NIO Inc. ADR Falls Wednesday, Underperforms Market
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The NIO Inc. ADR $(NIO)$ slid 4.21% to $4.32 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.25% to 42,635.20 and the NASDAQ Composite Index falling 0.06% to 19,478.88.
This was the ADR's second consecutive day of losses.
NIO Inc. ADR closed $3.39 short of its 52-week high ($7.71), which the company achieved on September 30th.
Trading volume (49.2 M) remained 4.8 million below its 50-day average volume of 54.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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January 08, 2025 17:35 ET (22:35 GMT)
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