In Tuesday’s trading session, NIO Inc (Symbol: NIO) saw its shares fall below the 200-day moving average of $10.21. The stock reached as low as $8.55 per share and is currently down about 16.9% for the day. The chart below illustrates the one-year performance of NIO shares compared to its 200-day moving average:
According to the chart, NIO’s lowest point in the past 52 weeks was $7 per share, while its highest point was $20.95 per share. The last trade was at $8.41.
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