NIO Inc. ADR Falls Friday, Underperforms Market
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NIO Inc. ADR fell 4.32% to $4.87 on Friday, marking its third consecutive day of losses. The decline occurred during a poor trading session for the stock market, with the NASDAQ Composite Index down 0.92% and the Dow Jones Industrial Average down 1.05%. NIO's stock is now 39.28% below its 52-week high of $8.02, reached on October 2nd. Trading volume was 30.2 million, significantly below the 50-day average of 42.9 million.
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