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Jan. 26, 2022, 10:52 a.m. EST · CORRECTED

Nio shares on track for lowest close since October 2020

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By Claudia Assis

This update corrects the year for Nio's previous lowest close.

American depositary shares of China-based electric-vehicle makers were taking a hit on Tuesday amid broader market weakness, with shares of Nio Inc. /zigman2/quotes/204905836/composite NIO +3.37% on track for their lowest close since Oct. 13, 2020 when they closed at $21.62, and extending losses for a third straight session. Nio has lost 19% over that three-day losing streak. Nio's ADRs are down 62% from an all-time closing high of $62.84 on Feb. 9, 2021. U.S. equity markets were again on retreat on Fed-action concerns. Li Auto Inc. /zigman2/quotes/219811686/composite LI +0.41% and XPeng Inc. /zigman2/quotes/219982686/composite XPEV +1.90% ADRs were off 7% and 5%.

/zigman2/quotes/204905836/composite
US : U.S.: NYSE
$ 16.57
+0.54 +3.37%
Volume: 51.41M
May 27, 2022 4:04p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$24.71 billion
Rev. per Employee
N/A
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/zigman2/quotes/219811686/composite
US : U.S.: Nasdaq
$ 24.28
+0.10 +0.41%
Volume: 8.97M
May 27, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$21.74 billion
Rev. per Employee
$432,700
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/zigman2/quotes/219982686/composite
US : U.S.: NYSE
$ 22.50
+0.42 +1.90%
Volume: 8.58M
May 27, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$17.52 billion
Rev. per Employee
$232,816
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