Published on 21 Jan 2022 on Zacks via Yahoo Finance
In the latest trading session, NIO Inc. (NIO) closed at $29.13, marking a +1.75% move from the previous day. This change outpaced the S&P 500's 1.1% loss on the day. Meanwhile, the Dow lost 0.89%, and the Nasdaq, a tech-heavy index, added 0.03%.
Heading into today, shares of the company had lost 4.09% over the past month, lagging the Auto-Tires-Trucks sector's gain of 3.62% and the S&P 500's loss of 1.81% in that time.
Wall Street will be looking for positivity from NIO Inc. as it approaches its next earnings report date.