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NIO Inc. ADR underperforms Monday when compared to competitors


The NIO Inc. ADR
NIO,
-7.61%

slid 7.61% to $35.21 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.97%

rising 0.97% to 31,802.44 and the NASDAQ Composite Index
COMP,
-2.41%

falling 2.41% to 12,609.16. This was the ADR’s fifth consecutive day of losses. NIO Inc. ADR closed $31.78 short of its 52-week high ($66.99), which the company achieved on January 11th.

The ADR underperformed when compared to some of its competitors Monday, as Tesla Inc.
TSLA,
-5.84%

fell 5.84% to $563.00, Toyota Motor Corp. ADR
TM,
-0.20%

fell 0.20% to $148.23, and Ferrari N.V.
RACE,
-0.20%

fell 0.20% to $188.52. Trading volume (141.4 M) eclipsed its 50-day average volume of 106.6 M.


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



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