DJ NIO Inc. ADR Rises Friday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
The NIO Inc. ADR $(NIO)$ rallied 3.94% to $37.71 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.50% to 14,897.34 and the Dow Jones Industrial Average rising 1.09% to 35,294.76. This was the ADR's third consecutive day of gains. NIO Inc. ADR closed $29.28 short of its 52-week high ($66.99), which the company achieved on January 11th.
The ADR outperformed some of its competitors Friday, as Tesla Inc. $(TSLA)$ rose 3.02% to $843.03, Toyota Motor Corp. ADR (7203.TO) rose 0.43% to $176.27, and Ferrari N.V. $(RACE)$ rose 0.48% to $224.42. Trading volume (48.0 M) eclipsed its 50-day average volume of 36.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 15, 2021.
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October 15, 2021 17:11 ET (21:11 GMT)
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