Tesla Inc. TSLA shares,
sank 0.55% to $ 849.99 Thursday, in what proved to be a totally favorable trading session for the stock market, with the NASDAQ Composite Index COMP,
rising 1.23% to 13,777.74 and the Dow Jones Industrial Average DJIA,
increasing 1.08% to 31,055.86. This was the second consecutive day of losses from the stock. Tesla Inc. closed $ 50.41 below its 52-week high ($ 900.40), which the company reached on January 25.
The stock underperformed when compared to some of its competitors on Thursday, such as Toyota Motor Corp. ADR TM,
fell 0.03% to $ 148.02, General Motors Co. GM,
fell 0.22% to $ 54.13, and Honda Motor Co. Ltd. ADR HMC,
rose 0.58% to $ 27.81. Turnover (15.7 M) remained 28.8 million below its average 50-day volume of 44.5 M.
Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.