DJ NIO Inc. ADR Rises Friday, Outperforms Market
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The NIO Inc. ADR $(NIO)$ rose 3.75% to $4.43 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.03% to 17,357.88 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
The ADR's rise snapped a three-day losing streak.
NIO Inc. ADR closed $11.75 below its 52-week high ($16.18), which the company achieved on August 4th.
Trading volume (31.9 M) remained 15.5 million below its 50-day average volume of 47.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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July 26, 2024 17:30 ET (21:30 GMT)
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