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NIO Inc (Symbol: NIO) experienced a decline in its stock price on Thursday, falling below its 200-day moving average. The shares dipped as low as $5.05, marking a 6.9% decrease for the day.
The chart below illustrates the stock’s performance over the past year alongside its 200-day moving average:
Over the last year, NIO’s stock reached a low of $3.61 and peaked at $9.57. Currently, the stock is trading at approximately $5.16.
Click here to discover which 9 other stocks have recently fallen below their 200-day moving average »
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
