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    Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

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    Oil slumps as fears over economic growth take center stage

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    Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

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    Asian Shares Advance Despite Losses on Wall Street

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    Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market

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    Enanta Pharmaceuticals (NASDAQ:ENTA) Shares Gap Down After Analyst Downgrade

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    Federal Agency Sends Team to Probe Tesla Crash That Killed 3

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    Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

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    Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

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    Archer Aviation (NYSE:ACHR) Shares Down 5.7% After Analyst Downgrade

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  • NASDAQ
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    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

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    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

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    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

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    CN Rail Stock Is So Undervalued That it’s Absurd

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NIO Inc. ADR falls Wednesday, underperforms market

Editorial Staff by Editorial Staff
July 8, 2021
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NIO Inc. ADR falls Wednesday, underperforms market

The NIO Inc. ADR NIO, -8.45% shed 8.45% to $46.04 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.01% rising 0.01% to 14,665.06 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,681.79. This was the ADR’s fourth consecutive day of losses. NIO Inc. ADR closed $20.95 below its 52-week high ($66.99), which the company reached on January 11th.

The ADR underperformed when compared to some of its competitors Wednesday, as Tesla Inc. TSLA, -2.26% fell 2.26% to $644.65, Toyota Motor Corp. ADR TM, +0.41% rose 0.41% to $175.65, and Ferrari N.V. RACE, +0.57% rose 0.57% to $207.03. Trading volume (85.4 M) eclipsed its 50-day average volume of 66.6 M.

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Average Long-Term U.S. Mortgage Rates Edge Down to 5.25%

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