Tesla Inc. shares underperform on Friday compared to competitors

Tesla Inc. TSLA shares,
-0.77%
fell 0.77% to $ 781.30 on Friday, in what proved to be a totally positive trading session for the stock market, with the NASDAQ Composite Index COMP,
+ 0.07%
increasing 0.07% to 13,874.46 and the Dow Jones Industrial Average DJIA,
+ 0.00%
increasing 0.00% to 31,494.32. This was the second consecutive day of losses from the stock. Tesla Inc. closed $ 119.10 below its 52-week high ($ 900.40), which the company reached on January 25.

The stock underperformed some of its competitors on Friday, such as Toyota Motor Corp. ADR TM,
+ 0.07%
rose 0.07% to $ 153.55, General Motors Co. GM,
+ 0.79%
rose 0.79% to $ 52.57 and Honda Motor Co. Ltd. ADR HMC,
-0.73%
fell 0.73% to $ 28.49. Turnover (18.8 M) remained 20.6 million below its average 50-day volume of 39.4 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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