DJ NIO Inc. ADR Falls Friday, Underperforms Market
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The NIO Inc. ADR $(NIO)$ shed 3.34% to $4.63 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.63% to 18,847.28 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
The ADR's fall snapped a two-day winning streak.
NIO Inc. ADR closed 39.95% short of its 52-week high of $7.71, which the company reached on September 30th.
Trading volume (60.5 M) eclipsed its 50-day average volume of 47.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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February 28, 2025 17:28 ET (22:28 GMT)
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