The NIO Inc. ADR /zigman2/quotes/204905836/composite NIO +1.54% rose 1.33% to $42.04 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.56% rising 0.55% to 35,813.80 and the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.59% falling 0.50% to 15,775.14. This was the ADR's third consecutive day of gains. NIO Inc. ADR closed $24.95 short of its 52-week high ($66.99), which the company reached on January 11th.
The ADR outperformed some of its competitors Tuesday, as Tesla Inc. /zigman2/quotes/203558040/composite TSLA +1.75% fell 4.14% to $1,109.03, Toyota Motor Corp. ADR /zigman2/quotes/200537742/composite TM -0.32% fell 0.02% to $185.06, and Ferrari N.V. /zigman2/quotes/208128355/composite RACE -2.24% fell 3.03% to $266.96. Trading volume (54.9 M) eclipsed its 50-day average volume of 36.6 M.