Published on 14 Jan 2022 on Zacks via Yahoo Finance
In the latest trading session, NIO Inc. (NIO) closed at $30.95, marking a +1.54% move from the previous day. This change outpaced the S&P 500's 0.08% gain on the day. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 0.42%.
Prior to today's trading, shares of the company had gained 1.36% over the past month. This has lagged the Auto-Tires-Trucks sector's gain of 5.78% and outpaced the S&P 500's gain of 0.22% in that time.
NIO Inc. will be looking to display strength as it nears its next earnings release.