Here's Why NIO Inc. (NIO) Gained But Lagged the Market Today

NIO Inc. (NIO) closed at $4.01 in the latest trading session, marking a +0.25% move from the prior day. The stock lagged the S&P 500's daily gain of 1.2%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.The company's shares have seen a decrease of 18.53% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 11.58% and the S&P 500's loss of 4.16%.Market participants will be closely following the financial results of NIO Inc ...