Tesla Inc. stock falls Wednesday, underperforms market
© Terrence Horan
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.
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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.