NIO Inc. (NIO) Falls More Steeply Than Broader Market: What Investors Need to Know
NIONIO(NIO) ZACKS·2024-07-19 06:51

The latest trading session saw NIO Inc. (NIO) ending at $4.54, denoting a -1.09% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.78%. Meanwhile, the Dow experienced a drop of 1.29%, and the technology-dominated Nasdaq saw a decrease of 0.7%.Heading into today, shares of the company had gained 3.61% over the past month, lagging the Auto-Tires-Trucks sector's gain of 17.69% and outpacing the S&P 500's gain of 2.14% in that time.Investors will be eagerly ...