NIO Inc. ADR Falls Wednesday, Underperforms Market

Dow Jones03-28

DJ NIO Inc. ADR Falls Wednesday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

The NIO Inc. ADR $(NIO)$ slid 2.30% to $4.67 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.51% to 16,399.52 and the Dow Jones Industrial Average rising 1.22% to 39,760.08.

This was the ADR's second consecutive day of losses.

NIO Inc. ADR closed $11.51 short of its 52-week high ($16.18), which the company achieved on August 4th.

Trading volume (84.9 M) eclipsed its 50-day average volume of 58.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2024.

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March 27, 2024 17:32 ET (21:32 GMT)

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