
NIO Inc. ADR Falls Thursday, Underperforms Market

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NIO Inc. ADR fell 4.43% to $6.25 on Thursday, underperforming the market despite a positive trading session overall, with the NASDAQ up 0.88% and the Dow Jones up 0.75%. This decline ended a three-day winning streak for NIO, which is now 22.07% below its 52-week high of $8.02 reached on October 2nd. Trading volume was 36.6 million, below the 50-day average of 40.7 million.
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