Tesla Inc. shares fall on Friday, underperforming the market

Tesla Inc. TSLA shares,
-5.02%
fell 5.02% to $ 793.53 on Friday in what proved to be a totally bad trading session for the stock market, with the NASDAQ Composite Index COMP,
-2.00%
falling 2.00% to 13,070.69 and the Dow Jones Industrial Average DJIA,
-2.03%
falling 2.03% to 29,982.62. This was the third consecutive day of losses from the stock. Tesla Inc. closed $ 106.87 short of its 52-week high ($ 900.40), which the company hit on January 25.

The shares underperformed some of their competitors on Friday, such as Toyota Motor Corp. ADR TM,
-1.94%
fell 1.94% to $ 140.52, General Motors Co. GM,
-0.71%
fell 0.71% to $ 50.68, and Honda Motor Co. Ltd. ADR HMC,
-1.74%
fell 1.74% to $ 26.48. Turnover (34.4 M) remained 12.7 million below its average 50-day volume of 47.1 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.

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