in

Tesla Inc. stock falls Tuesday, underperforms market

Tesla Inc. stock falls Tuesday, underperforms market


Shares of Tesla Inc.
TSLA,
-1.95%
slipped 1.95% to $644.78 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.21%
falling 1.21% to 14,660.58 and Dow Jones Industrial Average
DJIA,
-0.24%
falling 0.24% to 35,058.52. Tesla Inc. closed $255.62 short of its 52-week high ($900.40), which the company reached on January 25th.

The stock underperformed when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR
TM,
-0.59%
fell 0.59% to $178.44, General Motors Co.
GM,
-1.38%
fell 1.38% to $55.00, and Honda Motor Co. Ltd. ADR
HMC,
-0.67%
fell 0.67% to $31.28. Trading volume (32.6 M) eclipsed its 50-day average volume of 23.3 M.



Source link

What do you think?

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Apple Expecting iPhone and iPad Supply Constraints in September Quarter

NBC’s Tokyo Olympics viewership gets off to rough start