Tesla Inc. stock falls Wednesday, underperforms market

This article was originally published on this site

© Terrence Horan

COMPANY CLOSE UPDATES

Shares of Tesla Inc. TSLA slid 2.07% to $854.69 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.12% to 30,723.60 and the NASDAQ Composite Index COMP falling 0.02% to 13,610.54. The stock’s fall snapped a two-day winning streak. Tesla Inc. closed $45.71 below its 52-week high ($900.40), which the company achieved on January 25th.

Video: JPMorgan: Cyclical stocks to benefit from recovery in the second quarter (CNBC)

JPMorgan: Cyclical stocks to benefit from recovery in the second quarter
What to watch next

The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR TM rose 3.46% to $148.07, General Motors Co. GM rose 2.90% to $54.25, and Honda Motor Co. Ltd. ADR HMC rose 2.98% to $27.65. Trading volume (17.9 M) remained 28.1 million below its 50-day average volume of 46.0 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

Continue Reading