DJ NIO Inc. ADR Rises Wednesday, Outperforms Market
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The NIO Inc. ADR $(NIO)$ rallied 2.62% to $3.91 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.15% to 15,683.37 and Dow Jones Industrial Average falling 0.12% to 37,753.31.
The ADR's rise snapped a five-day losing streak.
NIO Inc. ADR closed $12.27 short of its 52-week high ($16.18), which the company reached on August 4th.
Trading volume (38.6 M) remained 14.7 million below its 50-day average volume of 53.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 17, 2024.
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(END) Dow Jones Newswires
April 17, 2024 17:31 ET (21:31 GMT)
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