NIO Inc.ADR outperforms its competitors despite day’s losses


The NIO Inc. ADR NIO,
-2.51%
fell 2.51% to $ 61.26 on Wednesday, in what turned out to be a mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.20%
up 0.20% to 31,437.80 and the NASDAQ COMP Composite Index,
-0.25%
falling 0.25% to 13,972.53. The ADR crash snapped a two-day winning streak. NIO Inc. ADR closed $ 5.73 below its 52-week high ($ 66.99), which the company reached on January 11.

The ADR demonstrated mixed performance compared to some of its competitors on Wednesday, such as Tesla Inc. TSLA,
-5.26%
fell 5.26% to $ 804.82, Toyota Motor Corp. ADR TM,
+ 4.91%
increased 4.91% to $ 161.56, and Ferrari NV RACE,
-0.97%
fell 0.97% to $ 207.15. Trading volume (89.9M) remained 35.8 million below its 50-day average volume of 125.7M.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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