Nio (NYSE:NIO) , a premium smart electric vehicle (EV) maker, closed at $3.40, down 5.29%. Tuesday's slide followed reports tying pressure to Geely 's (OTC:GELYF) purchased stake in Nio Power, and investors are watching November's Q3 results for margin progress. Trading volume reached 53.8 million shares, coming in about 78% above its three-month average of 30.2 million shares. Nio IPO'd in 2018 and has fallen 48% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) closed at 7,670, down 0.18%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,798, down 0.09%. Among China-based battery-electric vehicle peers, Li Auto (NASDAQ:LI) closed at $11.23, down 4.10%, and XPeng (NYSE:XPEV) closed at $9.47, down 4.
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