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HomeMarketsNIO Inc. ADR rises Monday, outperforms market

NIO Inc. ADR rises Monday, outperforms market

The NIO Inc. ADR

rallied 8.69% to $49.76 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index

rising 3.01% to 13,588.83 and the Dow Jones Industrial Average

rising 1.95% to 31,535.51. The ADR’s rise snapped a two-day losing streak. NIO Inc. ADR closed $17.23 below its 52-week high ($66.99), which the company reached on January 11th.

The ADR outperformed some of its competitors Monday, as Tesla Inc.

rose 6.36% to $718.43, Toyota Motor Corp. ADR

rose 0.95% to $149.34, and Ferrari N.V.

rose 0.16% to $197.70. Trading volume (83.6 M) remained 18.8 million below its 50-day average volume of 102.3 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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