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NIO Inc. ADR falls Wednesday, underperforms market – MarketWatch

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The NIO Inc. ADR
NIO,
+2.18%

slid 3.79% to $37.02 Wednesday, on what proved to be an all-around blended buying and selling session for the inventory market, with the Dow Jones Industrial Common
DJIA,
-0.54%

rising 0.16% to 33,730.89 and the NASDAQ Composite Index
COMP,
-0.85%

falling 0.99% to 13,857.84. NIO Inc. ADR closed $29.97 beneath its 52-week excessive ($66.99), which the corporate achieved on January eleventh.

The ADR demonstrated a blended efficiency when in comparison with a few of its rivals Wednesday, as Tesla Inc.
TSLA,
+4.79%

fell 3.95% to $732.23, Toyota Motor Corp. ADR
TM,
-1.09%

rose 0.29% to $156.22, and Ferrari N.V.
RACE,
-1.41%

fell 1.32% to $207.42. Buying and selling quantity (78.1 M) remained 18.3 million beneath its 50-day common quantity of 96.4 M.


Editor’s Be aware: This story was auto-generated by Automated Insights, an automation know-how supplier, utilizing knowledge from Dow Jones and FactSet. See our market knowledge phrases of use.



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