NIO Inc. ADR Falls Wednesday, Underperforms Market

Dow Jones07-25

DJ NIO Inc. ADR Falls Wednesday, Underperforms Market

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

The NIO Inc. ADR $(NIO)$ slipped 4.02% to $4.30 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.64% to 17,342.41 and Dow Jones Industrial Average falling 1.25% to 39,853.87.

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

NIO Inc. ADR closed $11.88 short of its 52-week high ($16.18), which the company achieved on August 4th.

Trading volume (43.0 M) remained 5.3 million below its 50-day average volume of 48.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 24, 2024 17:31 ET (21:31 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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ADR <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a> slipped 4.02% to $4.30 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 3.64% to 17,342.41 and Dow Jones Industrial Average  falling 1.25% to 39,853.87. \n</p>\n<p>\n     This was the ADR's second consecutive day of losses. \n</p>\n<p>\n     NIO Inc. ADR closed $11.88 short of its 52-week high ($16.18), which the company achieved on August 4th. \n</p>\n<p>\n     Trading volume (43.0 M) remained 5.3 million below its 50-day average volume of 48.3 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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