The NIO Inc. ADR /zigman2/quotes/204905836/composite NIO -3.31% rose 7.32% to $41.49 Monday, 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 -0.96% rising 0.05% to 35,619.25 and the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -1.15% falling 1.26% to 15,854.76. This was the ADR's second consecutive day of gains. NIO Inc. ADR closed $25.50 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. /zigman2/quotes/203558040/composite TSLA -3.38% rose 1.74% to $1,156.87, Toyota Motor Corp. ADR /zigman2/quotes/200537742/composite TM -2.43% fell 0.47% to $185.09, and Ferrari N.V. /zigman2/quotes/208128355/composite RACE +1.03% rose 1.47% to $275.30. Trading volume (70.8 M) eclipsed its 50-day average volume of 36.6 M.