NIO Inc. ADR Falls Wednesday, Underperforms Market

Dow Jones11-07

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 5.30% to $5.00 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.95% to 18,983.47 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.

The ADR's fall snapped a two-day winning streak.

NIO Inc. ADR closed $4.57 below its 52-week high ($9.57), which the company achieved on December 28th.

Trading volume (80.8 M) eclipsed its 50-day average volume of 74.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 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

November 06, 2024 17:30 ET (22:30 GMT)

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

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